Categories
National politics

UK government debt goes through £1 trillion mark today

http://www.debtbombshell.com/widget/embed.jsUK National Debt Clock – DebtBombshell

According to this calculation UK government debt goes through the £1 trillion mark today. This figure excludes PFI, unfunded state pension schemes and a list of other liabilities such of those of the state banks, Network Rail and nuclear decommissioning.

Last year the UK government spent £155 billion more than it collected, the deficit. This year the figure will be about £150 billion. That is something like £5,000 per tax payer per year.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s