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The State of The Nation's Finances

Pressure rises to cut debt as £14.5bn borrowing revealed
A Treasury spokesman said: "The UK is forecast to have the largest deficit in the G7 this year and is borrowing £1 for every £4 it spends.
"The figures for June demonstrate the urgent priority tackling the deficit represents, with borrowing higher than last June despite higher tax receipts."

"In fact", he continued, "we are as stuffed as Finnegan's turkey on Christmas day, I'm running round in circles going blubber blubber blubber with my lips, it isn't helping, but at least it isn't making anything worse....."


Roll on, September 30th.

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