The UK Financial position…..the independent official state of finances.

As the press gets itself into a frenzy, some official information is starting to surface.  There follows a chart of the G7 nations and their debt as a percentage of GDP. This is supplied by the IMF and weirdly of all the G7 countries the debt for the UK is the lowest (today) of all of them. So just what is going on – the furore in the press would suggest that the UK is an absolute disaster but that just isn’t supported by the facts.

Total debt - G7 comparisons

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