SIR – Next year sees the Queen’s 60th Jubilee. What we need is a debt jubilee like in the Bible. Every 60 years, the ancient Hebrews had a debt jubilee, wrote off everyone’s debts, and freed all their slaves.

A lot of us are slaves to debt. We have paid billions to the bankers when we could have cleared everyone’s personal debts. If there is not radical outside-the-box thinking now it could end up with food vouchers and rationing.

It is obscene that five per cent of the population own 90 per cent of the wealth.

I’ve nothing against people who make a better life for themselves and get rich, but most of the wealth is inherited through the generations.

Let’s follow the Bible’s good example and have a debt jubilee and free us all from slavery!

Graham Binns, St George’s Place, Little Horton