UK general government gross debt was £2,365.4 billion at the end of Quarter 1 (Jan to Mar) 2022, equivalent to 99.6% of gross domestic product (GDP). UK general government deficit (or net borrowing) was £15.8 billion in Quarter 1 2022, equivalent to 2.6% of GDP. In 2022 British government debt rose to its highest level in almost 60 years. Government borrowing increased to 20 billion pounds in September, 2.2 billion pounds more than in September 2021 and 5.2 billion pounds more than forecast in March by the independent Office for Budget Responsibility, the ONS said.
@ISIDEWITH1yr1Y
@ISIDEWITH1yr1Y
@ISIDEWITH1yr1Y
@ISIDEWITH1yr1Y
@ISIDEWITH1yr1Y
@ISIDEWITH1yr1Y
@ISIDEWITH1yr1Y
@ISIDEWITH1yr1Y
@ISIDEWITH1yr1Y
@ISIDEWITH1yr1Y