I'm always amazed at the BBC's persistence with the household income metaphor for government borrowing and spending. Yes it's simple to set out but... simplistic. Bank reserves? Interest paid to banks on bank reserves? That's something to cut from the 'housekeeping'!
www.bbc.co.uk/news/article...
bbc.co.uk
Government borrowing, bonds and yields explained
You may have heard about government borrowing costs going up and then down again. Here's a quick guide on government borrowing, bonds and yields.