Thursday, August 20, 2009

Confirmation, not really Information…

Public Finances Show Record July Deficit

"A slump in tax receipts has seen Government borrowing rocket to its highest level for the month of July since records began. Official figures show that public sector net borrowing was £8bn last month, the highest July deficit on record. That compares with a repayment of £5.2bn in the same period last year". (Consumers are spending money they don't have in the High St too).

Posted by alan @ 11:16 PM (756 views)
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