Sunday, 10 January 2010

Is the National Debt that high?

This year, the UK government's debt as a percentage of its overall economic output will hit almost 70%, according to the International Monetary Fund (IMF). Reading some headlines, you might even be forgiven for thinking UK plc is on the verge of going bust.But are the UK's debt levels really that bad when compared with other leading developed economies?

http://news.bbc.co.uk/1/hi/business/8415703.stm