George Osborne is right – the national debt is a moral issue

George Osborne's decree that the nation's budget should balance makes perfect sense, says Bengt Saelensminde. Here's why it matters.

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Osborne's idea on the national debt is just common sense

Margaret Thatcher once likened a nation's accounts to a housewife's budget. That is, don't spend what you haven't got.

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Bengt graduated from Reading University in 1994 and followed up with a master's degree in business economics.

 

He started stock market investing at the age of 13, and this eventually led to a job in the City of London in 1995. He started on a bond desk at Cantor Fitzgerald and ended up running a desk at stockbroker's Cazenove.

 

Bengt left the City in 2000 to start up his own import and beauty products business which he still runs today.