Tuesday, May 22, 2012
Provisional estimates for current month
Public Sector Finances, April 2012
•a current budget deficit excluding the temporary effects of financial interventions of £12.4 billion in April 2012 •net borrowing excluding the temporary effects of financial interventions of -£16.5 billion (a surplus) in April 2012 •net debt excluding the temporary effects of financial interventions was £1006.3 billion, equivalent to 64.8 per cent of GDP •this month's figures include a large one-off transfer to Government of £28 billion, as part of the transfer of the Royal Mail Pension Plan
Posted by dill @ 02:18 PM (1481 views)
2 thoughts on “Provisional estimates for current month”
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general congreve says:
Nothing f4cking temporary about ‘temporary effects of financial interventions’, IMO.
alan says:
The accounting trick with the pensions was really poor.
I did my accounting course…this is blatant tweaking the numbers. Future generations pick up the bill for Post Office staff while the current government pick up the credit for keeping numbers down.
Osborne is as slimy as Ed Balls!