Friday, Jul 21, 2006
Brown plunges the UK into more debt
BBC News: Worst June ever for UK finances
UK public finances suffered their worst June on record, figures from the Office for National Statistics (ONS) show. Government borrowing rose to £7.3bn in June from £6.2bn during the same month last year - significantly higher than analysts' forecasts of £6.5bn.
Posted by webmaster @ 09:57 AM (199 views) Add Comment
3 Comments
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1. markd said...
So thats another few billion we will all have to find at some point in the future-at least we can console ourselves with the thought that the government is providing such excellent value for money!
2. sebastian said...
Heh, what a glut of news at we are getting this month. It really feels like the downturn of the housing market is on the horizon.
3. Maxwell said...
That's only an 18% increase per annum.
"Experts said high spending was to blame" :)