06-07-2023, 04:33 PM
https://www.cnbc.com/2023/06/21/uk-net-d...f-gdp.html
UK net debt hits highest level in more than 60 years, topping 100% of GDP
Public sector net debt, excluding that of state-controlled banks, came in at £2.567 trillion ($3.28 trillion), which amounted to 100.1% of GDP.
Government borrowing in May totaled £20.045 billion, the ONS revealed, exceeding consensus expectations of £19.5 billion from a Reuters poll of economists.
UK net debt hits highest level in more than 60 years, topping 100% of GDP
Public sector net debt, excluding that of state-controlled banks, came in at £2.567 trillion ($3.28 trillion), which amounted to 100.1% of GDP.
Government borrowing in May totaled £20.045 billion, the ONS revealed, exceeding consensus expectations of £19.5 billion from a Reuters poll of economists.