Debt high for a generation Labour and Liberal Democrats Conservatives
70 60 50 40 30 20 10 0
2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 2032-33 2033-34 2034-35 2035-36 2036-37 2037-38 2038-39 2039-40 2040-41
Percentage of national income
80
Source: Institute for Fiscal Studies
To reduce the growth in government debt... ... deep cuts will have to be made to ‘unprotected’ services
413
Labour Liberal Democrats Conservatives
£billion
393
105 100
374
95
354
90
334
85
315 2010-11
80 2011-12
2012-13
2013-14
Index (Labour 2010-11 = 100)
DEL* spending plans by party, £billion
2014-15
Financial year *DEL (Departmental Expenditure Limits) Source: Institute for Fiscal Studies
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