Britain will have the biggest debt of any major economy next year, according to the International Monetary Fund. The Government budget deficit will soar to £191billion, the Washington-based organisation has warned.The figure - which equates to £7,600 for every family in Britain - is far higher than the Treasury's official forecast of £175billion.
The latest IMF report has revised its estimates for the scale of Britain's deficit upwards.
It predicts that by 2010, the UK's debt will equate to 13.3 per cent of gross domestic product - compared with 9.7 per cent for the U.S.
I seem to remember Labour types making a fool of Alec Salmond's 'Arc of Prosperity'.
THEY' RE SAYING FUCK ALL NOW!
2 comments:
Gagets
Today is Saturday the 1st?d
DL,
Fuck 'em, came across some Unionist cunts in Peterhead during my leave talking down the Scots economy and the wee sheep gatherin aroon the toon undertaker to hear his words of wisdom - cock and my folks were believein the shite he was coming oot wee.
I said to my folks that it was but one man's opinion and where was his facts? I pointed out several supporting article and work - they were too set in their ways, yet ma Grannie who's in her 80s is a Nationalist - genes eh?
Crazy D
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