Burnham’s first budget is caught between debt, defence and an ageing Britain

“Burnham’s first budget is caught between debt, defence and an ageing Britain”

That the UK has run out of money for its needs must be the grim realisation that underpins the national budget this week. There are signs that the new Chancellor of the Exchequer, John Healey , is indeed ingesting this message – yet Mr Healey must go further to level with the country. The national debt hit £3 trillion ($4 trillion) last week. The budget is expected to lay out the need to borrow more than £330 million in the year from April. Meanwhile, the government is spending more than £100…