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UK Public sector finances
Provisional estimates of the public finances show that the public sector had: • a current budget deficit excluding the temporary effects of financial interventions of £15.3 billion in May 2011 (a deficit of £13.1 billion including interventions) • net borrowing excluding the temporary effects of financial interventions of £17.4 billion in May 2011 (£15.2 billion including interventions) and at the end of May 2011: • net debt excluding the temporary effects of financial interventions was £920.9 billion, equivalent to 60.6 per cent of gross domestic product
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- mac1956
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- a-zed
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