Tag Archives: Acceptable Level
UK National debt is £800billion (the PSBR is £175billion)
Posted on 16. Dec, 2009 by Company Bankruptsy Advice.
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A quick correction/clarification regarding yesterdays post on the UK national debt / PSBR.
The PSBR (as stated yesterday) is the difference between how much the Government earns (or raises in tax revenues etc) and how much it needs to fund the country. So if the Government was a Private Company, the 175billion figure is the amount [...]
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