Today is an exciting one for the TaxPayers' Alliance - our UK Debt Clock starts its 1,300 mile tour of Britain, highlighting the vast scale of the national debt to taxpayers right across the country. For many years now, there...

Claims from The Taxpayers’ Alliance website that the fiscal stimulus measures contained in the Pre Budget report would result in double the national debt Britain incurred from the the Great War have been debunked by Don Paskini: “To get the figure of £255bn, the Taxpayers’ Alliance used the retail price index measure. As an economically valid

Here's the importance of debt, compared to other Federal and local State expenditure. I've taken the interest on the debt for the fiscal year 2006, plus the amount by which total debt increased in the 12 months ending Dec 29, 2006. That's because the outstanding debt is increasing even faster than the amount of interest being paid. (Figures are in billions of US dollars.) By way of ...

If this government is to retain the debt market's confidence it must shed its reputation for overly optimistic forecasts and must also try to avoid rolling over a large amount of debt at any one time

Charting a crisis So once again, it's taxpayers to the rescue. The bill will be big and will have several chunky elements: Debt - governments are taking on a stack of debt from floundering banks; in the US the transfer...

Shocking new figures from the TaxPayers' Alliance reveal that the borrowing plans announced in yesterday's Pre-Budget Report will run up double the debt that Britain incurred winning the First World War. Total Debt increase 1914 - 1919 (2007 value): £255,106,544,018...

THE Taxpayers' Alliance has launched a Debt Clock which will tour Britain on the side of a seven-metre long lorry, ticking up as the government borrows more money.

And what about the other sort of debt? We spend so much time harrumphing about the national debt that an important point is obscured: personal debt, the amount owed by individuals, is even higher. I wrote an article on the subject for a recent issue of The Spectator, as well as the Thunderer column (£) for last Saturday's Times. But, really, a piece in the latest Spectator (subscribers h...

Charting a crisis So once again, it's taxpayers to the rescue. The bill will be big and will have several chunky elements: Debt - governments are taking on a stack of debt from floundering banks; in the US the transfer is adding hundreds of billions to taxpayer debt; here in the UK we've already got the Crock's £100bn, plus whatever implicit guarantees Brown may have given Llo...

Now I thought that would get your attention. Well lets face it we are all - after the bidding war with debt for votes is over - going to have to pay more tax. Proposal 1: A national mortgage( or debt) tax : The Debt raised should be visibly paid back and calculated for each tax payer. A proportion of income tax should be re-badged as debt repayment tax and at the end of each year all taxpayers sho...