[nomadking]

Originally Posted by Hugh

Labour didn’t double the debt or deficit before 2008 - in 2008, the debt increased due to the world-wide Financial Crisis caused by the banks.

1997 - deficit 3.0%, debt 37.4%
2007 - deficit 2.8%, debt 36.2%
2008 - deficit 2.9%, debt 47.7%

https://www.ons.gov.uk/economy/gover...ries/hf6x/pusf

https://www.ons.gov.uk/economy/gover...mestic-product

Public debt(EXCLUDING public sector banks).
1997 £350.1bn. 2008 £755.6bn. 2010 £1,138.6bn(deficit £139.9bn).
2004 deficit £49.1bn. 2009 deficit £157.7bn. 2018 deficit £38.2bn. 2020 deficit £300.2bn.
Parliamentary Library Link