Government Debt A Sliver Off 100% of GDP

New figures from the Office for National Statistics this morning show that the debt ratio in May has been pushed up from 98.1% to 99.8%, the highest since records began in 1993. Borrowing in the financial year-to-May 2024 was £33.5 billion, the fourth highest since records began – public sector debt is at its highest level since 1961.[…] Read the rest