Market Updates
UK Deficit Soars to Record
Mayank Mehta
18 Dec, 2009
New York City
-
The UK budget deficit surged 33% to
[R]7:30 PM London – The UK budget deficit surged 33% to £20.3 billion from £15.5 billion a year ago. The national debt crossed 60% of UK output, record since 1993 with a total of £844.5 billion.[/R]
The Office for National Statistics said that the UK government budget gap in November surged 33% to £20.3 billion from £15.5 billion a year ago. The national debt is now over 60% of UK output, record since 1993.
Deficit in the first eight months of the fiscal year surged 100% to £106.4 billion from £49.3 billion a year ago with the total debt at £844.5 billion.
Revenues in the month decreased 3% and value added tax collection decreased 14.2% from a year ago. Spending expanded 6.5% and interest expense increased 8.3%
Annual Returns
| Company | Ticker | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|