Do you owe more than ten thousand pounds?

Are creditors calling threatening legal action?

Bailiffs about to take your possessions?

House about to be repossessed?

Is Debt causing you stress?


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Jackson Partners

Professional Debt Negotiation and Management

UK net debt equivalent to 64.8% of GDP

The ONS reported a current UK budget deficit excluding the temporary effects of financial interventions of £12.4 billion in April 2012. Net borrowing excluding the temporary effects of financial interventions was -£16.5 billion (a surplus) in April 2012.

Net debt excluding the temporary effects of financial interventions was £1006.3 billion, equivalent to 64.8 per cent of GDP. This month's figures include a large one-off transfer to Government of £28 billion, as part of the transfer of the Royal Mail Pension Plan.

courtesy of StockMarketWire.com