Thanks to Google and the magic of the web, I just found this article by Jane Merrick on Mail Online. It is based on a report by the Centre for Policy Studies with Stephen Hammond, the Shadow Transport Minister, and Brooks Newmark, a Conservative member of the Treasury Select Committee, as authors.
The MPs said: “The public has a right to know the true extent of the liabilities which future generations of taxpayers will have to meet.”
A Treasury spokesman said: “These are spurious calculations which do not meet the internationally-agreed standards used by the ONS to calculate the UK’s actual debt position.
“The reality is that the UK not only has low levels of debt by historical standards but also compared to the rest of the G7.”
This is globalisation at work in the minds of people in institutions, who are ‘just doing their job’ while millions are unemployed…