"A report from the NIESR argued for action to tackle Britain's debt pile now – and that sticking to current fiscal rules designed to keep a lid on borrowing would not be enough.
Titled Can't We Just Borrow A Bit More, the report reveals the pressures facing the Chancellor as he faces calls to hike defence spending as well as funding Mr Burnham's costly pledges to build more council houses and overhaul social care.
The think-tank argues that far from growing the debt even more, Britain must target a primary surplus – when tax revenues are greater than spending excluding debt interest, something not achieved for 25 years."
Framing: assertive ·
First seen: 2026-09-06 ·
Last seen: 2026-09-06 ·
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