Reducing UK National Debt with AI Finance Fixes

The purpose of FixUK is to provide a combination of Policies generated by AI that will change the direction of the UK and not be held back by taboos caused by vested interests and fear voters cannot be upset, AI being pragmatic, ignores those factors.

Investigating past events, there is a series of opportunities to reduce the National Debt by recovering from some of those past events. See the AI generated plans.

Increasing Taxation, however upsetting cannot be avoided with the state of the UK finances. See the AI plans.

Pragmatic view that adapt to the current time and reality requires areas of Expenditure to be reduced. See the AI cost cutting plans.

Read The Honest Truth for a background, why the fixes are needed.

Overall Objectives of FixUK

Pragmatic Fiscal responsibility and a long term view of how to fix Britain and make it a better place to live.

Reduce the UK National Debt by over £200 Billion from recovery from prior events
Start reducing the UK National Debt rather than as this year adding £137 Billion
Reduce UK National Debt by £100 Billion per year from a mix of Government Revenue and Expenditure changes
Gain international creditability that UK is facing its problems and getting debt cheaper
Create Growth and opportunities in the Economy and encourage inward investment
Improve long-term living standards for all in the UK and grow GDP per person
Fix the core of the UK's financial problems
Regain business confidence in a long term future

Start the conversation and use that to spark more thinking on what will help UK get back on its feet.

Eventually get any agreed ideas to move into be actioned by the Government.

UK National Debt

UK National Debt currently stands at £2.8 Trillion or £82,000 debt for every working person in the UK, an unsustainable amount, which is increasing.

Read the history of UK National Debt worsening position.

AI has provided a range of proposals which are summarised here to reduce the UK National Debt.

As you will see the Financial solutions comes in three parts, Capital Reduction, Revenue Net Increases and Expenditure Net Reductions.

Capital one-off Reductions in National Debt

Outside Revenue/Expenditure policies there are Capital solutions there are ideas to reduce debt from prior events. AI generated ideas to reduce Government Debt by over £200 Billion, where the ideas currently stand at generating £-360.0 Billion. mainly with dealing with past events. However not all of that will be possible, however it would create a sizeable dent if implemented and other join the conversation and provide other ideas to suggest new ways of reducing the debt quicker.

Revenue (Taxes to you) Changes to Reduce the Debt

Revenue Summary shows AI generated policies to raise £158.7 Billion per year more in Taxation.

Aim is not to be political however some points are just too significant to ignore, it is simply not possible to raise the amount of Revenue/Taxes required to repay the UK National Debt without taxing the Working person more and it is delusional and disingenuous to pretend otherwise.

Growth as a solution at this point is more of a wish than a plan.

Expenditure Changes to Reduce the Debt

Expenditure Summary shows AI generated to reduce Government Expenditure by £-142.4 Billion per year.

As we all know its easier to spend, especially when so many injustices and things that Government could spend money on exist.

However the British value is to live within your means, as far back as 1850 a Charles Dickens quote in David Copperfield provides the advice.

Annual income twenty pounds,
annual expenditure nineteen pounds nineteen and six,
result happiness.
Annual income twenty pounds,
annual expenditure twenty pounds ought and six,
result misery.

— Charles Dickens 1850