by dcadmin | Mar 23, 2021 | UK Debt, UK Economy
The current state of the UK economy and finances is deeply worrying, especially over the long-term and when seen against the potential catastrophic consequences of any changes in borrowing rates. Whilst currently rates allow borrowing to be relatively easily managed,...
by dcadmin | Dec 16, 2020 | Growth and Productivity, The United Kingdom, UK Debt, UK Economy
The figures are simply almost unprecedented. In October 2020 HMG borrowed £22.3bn, added to £215bn borrowed since April 2020, whilst simultaneously tax revenues slumped by £70 billion. The national debt is currently at 100.8% of GDP. Interestingly, and importantly,...
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