• Prior 11.5bn. Revised to 11.9bn
  • PSNB ex fin 11.4bn vs 10.5bn exp. Prior 13.3bn. Revised to 13.7bn
  • PSNB ex royal mail 11.4bn vs 11.1bn ecp. Prior 13.3bn. Revised to 13.7bn
  • PSNCR 11.8bn vs 8.5bn prior. Revised to 8.4bn
  • Central government NCR 18.1bn vs 12.4bn prior. Revised to 12.3bn
  • Public sector net debt ex fin stands at 1.305tn or 77.3% of GDP, highest on record

The millstone around our neck are these increasing debt and borrowing levels, and this is pure fodder for the opposition Labour party

UK PSNB 22 07 2014

UK PSNB 22 07 2014