19 February 2009

The real reasons why Brown is seeing the Pope!


1. Tax receipts in January fall by £7bn;

2. Government borrowing for the first 10 months of the financial year now stands at £67.2bn;

3. Government borrowing now stands at 47.8% of the UK's economic output;

4. Finances of the Royal Bank of Scotland (RBS) and Lloyds Banking Group will be incorporated into the public finance balance sheet;

5. This could add between £1 trillion and £1.5tn to public sector debt - between 70% and 100% of the UK's GDP;

“The Road to the G20” is getting rather bumpy!

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1 comment:

  1. Prayer they say always helps, I am praying that he is removed from office as soon as possible.