The only war we are still indebted to is the second world war. Ultimately, all this financial tomfoolery is hitlers faults.
I filled up at 124.9p a litre yesterday at a Shell garage
Yes, but that's like saying the devastation left by a nuclear detonation is insignificant so long as the bomb went off. The loan might be paid, but we are trailing in its wake.I thought we paid that off a few years ago?
Some critics, including Lord Keynes, saw the loan as a means used by America to subjugate Britain after the war.
(2006) And although Britain was unable to pay its debts, it was also owed the whacking sum of £2.3bn.
OUTSTANDING WWI LOANS
Britain owed to US in 1934: £866m
Adjusted by RPI to 2006: £40bn
Other nations owed Britain: £2.3bn
Adjusted by RPI to 2006: £104bn
These loans remain in limbo. The UK Government's position is this: "Neither the debt owed to the United States by the UK nor the larger debts owed by other countries to the UK have been serviced since 1934, nor have they been written off."
If you have to ask a forum what you can do about this situation the likelyhood is your not going to do anything. Those who are trying to do something about it are getting on with it.
Anyway look on the bright side you could have been born in rural Africa or China or in this country 100 years ago.
I hate the term "the last government". They'd be blaming the previous guys for something regardless of whether we had national debt or not. Infact we had national debt back when the Conservatives were "the last government". Passing the blame a bit - but w/e.
@OP: There's the door -->