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Liberal Party NEC Statement – UK Government Borrowing Requirements 2025
#1
The Liberal Party notes with mounting concern  the widening UK government borrowing  requirements, with government borrowing in the first 4 months reaching £59 billion and an expected budget deficit of £44.5 billion.

The party believes that the government risks rapidly losing control of borrowing, and credibility in the bonds markets with the symbolic milestone of £3 trillion in  public debt likely to be breached within the next 18 months.

The Liberal Party supports investment in the UK’s future—particularly in areas that improve productivity, create jobs, and accelerate the transition to a sustainable, green economy.
Responsible borrowing can help fund the transformation needed for net zero, digital infrastructure, and research and development. However, each pound borrowed must contribute to a clear, measurable return for society.

The Liberal Party will always advocate for a compassionate approach, ensuring that government borrowing is used to protect the most vulnerable. This includes maintaining a robust social safety net, investing in the NHS, and supporting those most affected by economic downturns.
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