Mega doomed.

[BrilloPad]

Its no problem. Maggie will become PM again and it will all be sorted.......

[AlfredJPruffock]

UK to sink further into red than any major country, warns OECD


" no return to boom and bust eh"

As the US has demonstrated - Debt - does not really matter.

And for a change - they are right.

[Troll]

UK to sink further into red than any major country, warns OECD

The fiscal deficit is expected to rise to 14 per cent of economic output in 2010, compared to an average of 8.75 per cent in the 30 most developed markets, it says in a report.

The OECD warned that "public finances have deteriorated sharply" since the beginning of the recession and called on the UK to continue to develop "a strong and credible" framework for reducing the ratio of debt to output.

" no return to boom and bust eh"