The government's gross and net reserves continue on an upward trend. The ONS released data on reserves today (4/2/15), it reveals that the government holds $39,098 million (£26,034 million). Here's a graph taken from that release, note that despite the recent austerity drive, the amount rises:
Credit to John Pollard for calling out David Cameron on his attack and explaining what the reserves are for (see that on Andrew Wallis's blog here). We need more people in Cornwall that will call out the spin, bluster and hypocrisy emanating from Westminster.
Perhaps it's time someone pressed the Tories on why reserves are rising when public spending is drastically falling? Why David doesn't take his own advice?