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The UK Treasury breakthrough trillion grand

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Confucius news network news uk UK division of the National Bureau of statistics, the UK government debt increased, by the end of 2011, the first breakthrough trillion pounds mark. English for the first time to join the world a few to trilli

Confucius news network news uk UK division of the National Bureau of statistics, the UK government debt increased, by the end of 2011, the first breakthrough trillion pounds mark. English for the first time to join the world a few to trillion as unit to calculate bond countries, including the United States, Italy and japan.

In 2011 December, the British government borrowing to reduce 2200000000 pounds, but the debt still in 2010 from 883000000000 pounds to 1000400000000 pounds. The British government net debt accounted for UK gross domestic product ( GDP ) 64.2%.

British finance statistics analysis of breakthrough trillion pounds records indicate that the British government debt must fall back to a sustainable level.

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