UK economic problems Oorsprong1 #220069 UK GDP (2010) £1410 bn. National debt £850 bn, 60% of GDP. (Context: Japan's debt is 194% of GDP, Italy is 100% of GDP). £107 bn is due to banks bailout 2009. Annual borrowing is 12% of GDP. 1/6th of borrowing is to service the National Debt. |
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