That's something curious about the UK at the moment - borrowing is huge, like the Tory government has borrowed more since they took over than the country borrowed previously in history, ever, (according to a stat I heard, but the actual figures are huge according to the Nat.Stats.Off too; this isn't just hearsay) and yet we've been going through massive austerity.

Spending on services has been drastically cut, but the country has been borrowing vastly more money. The only way I see that working is if taxes have plummeted (but taxes for ordinary folk have risen slightly if anything) or if the money is being syphoned off somewhere ... but we're talking GDP levels of cash here.

Anyone explain it to me?