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And on that bombshell....

Britain owes £801,000,000,000 - Scotsman.com News

THE Treasury was forced to borrow a record £8billion to keep public services running last month, as the UK's national debt hit an all-time high.
In the first quarter of this year, net borrowing soared by £49.7bn, compared with £15.9bn last year, while tax revenue plummeted. The nation's debt, at £800.8bn, accounts for 56.8 per cent of gross domestic product (GDP), its highest level since records began. It is equivalent to £13,400 for every man, woman and child.

More from UK National Debt Clock - DebtBombshell.com


All I can say is -Thank god they're these new fangled American Billions and not the old fashioned British ones.
Who lent us all this money anyway? That's what puzzles me.It cannot have been any English Banks,nor any Jock ones and we Taffs have sweet f(a) anyway.
A mystery- Can anyone shed any light,please?

Edward - there is some information in the chart here: http://www.debtbombshell.com/bond-market.htm

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