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Public borrowing soars to new record

Source: The Independent
London : United Kingdom | about 1 month ago  
Views: 12
The Treasury expects borrowing to reach a record £175 billion for the year as a whole as the public finances buckle under the impact of recession. While September's borrowing is slightly lower than the £15.3 billion expected by the City, it is almost double the £8.7 billion seen a year earlier.
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  • News Source: The independent | about 1 month ago
    I'm not sure Gordon's doing the right thing agreeing to these TV debates. There's too much he can't say. "That's a particular problem for my party," as Cameron put it yesterday. Gordon couldn't say that – the words would come out as: "That isn't a...
  • News Source: Australian Broadcasting Corporation | about 1 month ago
    Government borrowing for the first six months of the year is the highest since records began. Between April and September, borrowing in the UK soared to $137 billion. It is the worst figure for the period since records began in 1946. The British...
  • News Source: The Daily Star | about 1 month ago
    Britain’s public finances suffered their worst six months on record between April and September; official data showed on Tuesday, with government borrowing more than double its level a year ago.  With an election less than nine months away,...
  • News Source: Androscoggin News | about 1 month ago
    National Statistics said the government was forced to borrow a record �77.6billion between April and September...Total net debt was �824.8billion — equivalent to 59 per cent of the country's economic output. The dire figures will pile yet more...
  • News Source: Androscoggin News | about 1 month ago
    Borrowing for September hit £14.8bn, which while slightly below forecasts is still the worst reading for the month since records began in 1993. Labour and the Conservative Party have clashed over how and when to cut the deficit, with David Cameron...
  • News Source: Times Online | about 1 month ago
    Figures from the Office for National Statistics (ONS) showed that state borrowing between March and September hit the highest level since records began in 1946, having ballooned by £14.8 billion in September. Over the first six months of last year,...
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  • Blog Source: stevebeasant.mycouncillor.org.uk
    Commenting on today's ONS figures which reveal public borrowing ballooned by a further £14.8bn in September, Vince Cable said: “With record borrowing in September and national debt now at almost 60%, it is clear that at the very least ... “
  • Blog Source: centurean2.wordpress.com
    The total debt is equivalent to every man, woman and child in the country owing £1258. The Treasury expects borrowing to reach a record £175 billion for the year as a whole as the public finances buckle under the impact of recession. ...
  • Blog Source: lesbonner.mycouncillor.org.uk
    “With record borrowing in September and national debt now at almost 60%, it is clear that at the very least we are on course to hit borrowing of £175bn this year. “With public borrowing continuing to soar the Government needs a credible ...
  • Blog Source: www.republican-leadership.com
    30, 2009, the national debt was almost $12 trillion and interest on that debt was $383 billion for the year, according to the Treasury Department's Bureau of the Public Debt. ... Interest rates and interest costs will soar and government revenues
  • Blog Source: ourobamanation.wordpress.com
    30, 2009, the national debt was almost $12 trillion and interest on that debt was $383 billion for the year, according to the Treasury Department's Bureau of the Public Debt. ... Interest rates and interest costs will soar and government revenues
  • Blog Source: machinenation.org
    He reckons we're corrupt and cute hoors who will exasperate any debt collecting measures because there just isn't enough money coming in he says according to article in irish times today. .... Borrowing set to soar next year 18 October 2009 By Pat
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