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