Quote:
Originally Posted by Chris
No, but I'm going to make a cup of tea, bring in some wood for the stove, go round and lock the doors ... Maybe then I'll root around the cupboard and see if I can find a biscuit or two.
Who knows, maybe Arthur might have solved the debt crisis by then.  |
This one?
That of course doesn't come close to showing all the debts obviously. No interventions, PFI, unfunded liabilities, whatever else was stashed through creative accounting. ONS figures are more informative.
http://www.statistics.gov.uk/article...lic-sector.pdf
http://www.hm-treasury.gov.uk/d/psf.pdf
Quote:
2000/01 2.37 -1.85 30.7%
2001/02 1.18 -0.02 29.7%
2002/03 -1.04 2.30 30.8%
2003/04 -1.50 2.85 32.1%
2004/05 -1.58 3.28 34.0%
2005/06 -1.10 2.94 35.3%
2006/07 -0.37 2.29 35.9%
2007/08 -0.34 2.37 36.5%
2008/09 -3.48 6.73 43.3%
2009/10 -7.62 11.14 52.7%
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Yep, they were happily ramping the debt up since 2003. This with the .com boom and dividends from 3G licences around 2000, and before that the Tory spending commitments which helped with reducing the country's debt before hand. Planks.