Record breaking government

[TimberWolf]

Another record:

Net lending to British businesses in July fell by its biggest amount since records began over a decade ago

[TimberWolf]

Foreign investment in UK falls by half

...investment in Britain was hit much harder by the global downturn than almost any other country..Investment into Britain fell by half to £97bn, while outflows, or British companies making investments abroad, collapsed to £111bn from £275bn the year before.

Soon time to call the MFI ?

[chef]

I am SOOOOOO glad i'm in the process of moving to Cologne.

[DimPrawn]

http://news.bbc.co.uk/1/hi/business/8262434.stm

The UK's public sector net borrowing totalled £16.1bn last month, official figures have shown.

The figure, an August record, compares with £9.9bn a year ago but is less than some forecast. It came as the recession bit into government tax receipts.

The rise takes net borrowing to £65.3bn for the five months of the financial year so far, according to the Office for National Statistics (ONS).

The government's overall debt now stands at £804.8bn, or 57.5% of GDP.


Things, can only get better, can only get better....