Friday 2 October 2015

UK had the lowest debt.




After Conservative MPs and BBC Continually Stated From 2008 The UK Had The Biggest Debt In The World; George Osborne Is Cornered To Admit The UK Had The Lowest Debt.
Watch the video.


UK debt is now expected to fall from 80.4pc of GDP this year to 80.2pc in 2015-16 and to 71.6pc in 2019-20. However, in nominal terms, debt will rise from £1.48 trillion this year to £1.6 trillion by the end of the decade, while Britain's debt interest bill is expected to rise to £1bn a week by 2018. ~ Mar 18, 2015
 

Current UK National Debt Numbers


Gross National Debt
FY 2015*£1.36 trillion
FY 2014£1.26 trillion
FY 2013£1.19 trillion
FY 2012£1.10 trillion
FY 2011£0.91 trillion
FY 2010£0.76 trillion
FY 2009£0.62 trillion
FY 2008£0.53 trillion  
 
 
"Britain's debt interest bill is expected to rise to £1bn a week by 2018"
 

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