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UK national debt reaches record £1trillion
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The United Kingdom's national debt has broken through the £1 trillion barrier for the first time despite a bigger-than-expected fall in borrowing in December, figures revealed today. Related Stories McDonald's serves up 2,500 new jobs Change in illegal dogs law urged Police exhume mystery woman's body Government debt passes £1 trillion Couple win £41m EuroMillions prize
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Why the UK's £1 trillion debt is no cause for panic
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The national debt has actually been higher for most of the last century. Anti-debt campaigners march outside Parliament. Photograph: Getty Images.
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Balancing the books is the road to ruin
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Reducing national debt is the mantra of all struggling European economies, but it makes no financial sense.
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UK National Debt Reaches £1 Trillion
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The national debt breached the £1 trillion mark for the first time on Tuesday, despite lower than expected public borrowing in December. Total public sector net debt rose to £1.004 trillion (64 per cent of GDP) in December, the highest [...]
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UK National Debt Tops £1trn For First Time
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UK net debt has topped £1trn for the first time, according to official figures.The latest figures from the Office for National Statistics showed the nation's total debt rose to 64.2% of GDP in December, ...
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UK debt passes £1trillion for first time
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BRITAIN'S national debt has topped £1trillion for the first time on record, official figures reveal
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Despite fall in borrowing, Britain's national debt rises over 1 tn pounds
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LONDON Britain's national debt has breached 1 trillion pounds for the first time in December, despite a bigger-than-expected fall in borrowing, showing huge challenges ahead in bringing the public finances under control.
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Krugman Take on $12 Trillion Debt Rings True: William Pesek
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A fiery debate has broken out over an issue many thought had long been settled: Japan (JGDPAGDP) ’s economy is sliding toward irrelevance. The freshest evidence, reported earlier this week, is the first annual trade deficit in 31 years.
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National debt clock headed here
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The Wetaskiwin & District Chamber of Commerce is pleased to kick off its 2012 Business Luncheon Series on Jan. 30 by welcoming Scott Hennig, the Alberta director and national communications manager of the Canadian Taxpayers Federation.[...]
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British national debt passes £1 trillion
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A record is set and a psychological barrier breached. Michael Goldfarb Despite a year of spending cuts and modestly increasing tax revenues Britain's government debt breached the £1 trillion mark ( $1.55 trillion) for the first time today. That is the equivalent to 64.2 percent of GDP. A spokesman for the British Treasury said, ""That our national debt has reached more than £1 trillion simply ...
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