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Britain is
mortgaged
to the hilt.

Let's fix it.

The UK’s public finances are on an unsustainable path. Debt is rising, interest costs are growing, and demographic pressures are increasing. This is not abstract. It affects living standards, public services, and the choices available to future governments. None of our political leaders want an honest conversation about public spending, debt, and the future of the UK. Our objective is to make responsible public finances a central issue in the national conversation and at the next general election. To provide clear, evidence-based arguments that cut through political noise. Our aim is to encourage a more honest discussion about the choices we face.

Lead Story

We’re hoodwinking the next generation on the state of government finances

The campaign to cut student loan interest is welcome — but the real burden facing younger taxpayers is the UK’s…

Analysis

The £63 Billion Gap: Understanding the UK’s Structural Deficit

To understand the UK’s public finances, one must look at both sides of the ledger simultaneously. For the 2025/26 financial…

Analysis

How Does the UK Government Spend Your Tax?

UK Public Sector Spending (2025/26 Forecast) Total Spending TOTAL £1,295bn Click to Reset Total Spending 100% Forecast (2025/26) £1,295 Billion…


Eight ideas to start a conversation

View all policy areas →
01

Why the Triple Lock is a trillion-pound problem that no party will touch

Life expectancy has tripled the original entitlement period. Pension spending now eclipses the defence budget.…

Prune → £27bn/yr
02

10.3 million recipients: the case for a new social contract

Almost one in five UK adults receives benefits. The current system is designed around passive…

Prune → £10bn/yr
03

Could aquafarming be Britain’s next great industry?

The UK imports £61 billion of food annually. Our exclusive economic zone is larger than…

Grow → £2-3.5bn/yr
04

Why British households pay four times the US rate for energy

UK electricity costs are 400% higher than in America. Policy failures, not geography, are to…

Grow → $134B→$204B
05

The Sovereign Aid Fund: more aid, less cost, lasting impact

Britain's aid spending is fragmented, inefficient, and growing less effective. A radical restructuring can double…

Grow → £150bn/20yrs
06

24 of the world’s top 200 universities are British. Are we capitalising on it?

Higher education is Britain's greatest export yet government policy is undermining it. A radical expansion…

Grow → £9bn/yr
07

Funded tax cuts: stimulating growth without borrowing a penny

Tax revenue is insufficient to cover government spending. Cutting taxes without cuts to spending would…

Invest → £12bn/yr
08

Variable PAYE: a second lever to fight inflation

Interest rates are an inefficient tool for controlling demand-driven inflation. A variable PAYE system gives…

Reform → ±2%

Latest analysis

All articles →
February 2026

The £63 Billion Gap: Understanding the UK’s Structural Deficit

To understand the UK’s public finances, one must look at both sides of the ledger simultaneously. For the 2025/26 financial…

4 min read
February 2026

How Does the UK Government Spend Your Tax?

UK Public Sector Spending (2025/26 Forecast) Total Spending TOTAL £1,295bn Click to Reset Total Spending 100% Forecast (2025/26) £1,295 Billion…

4 min read
February 2026

Where Does the UK Tax Revenue Come From?

UK Public Sector Receipts (Nov 2025 Forecast) Total Revenue TOTAL £1,232bn Click to Reset Total Revenue 100% Forecast (2025/26) £1,232…

2 min read

Opinion & commentary

All opinion →
Opinion

We’re hoodwinking the next generation on the state of government finances

Martin Beck · February 2026

The campaign to cut student loan interest is welcome — but the real burden facing younger taxpayers is the UK’s £2.8 trillion national debt.

Read more →

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