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UK budget deficit races away

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04-23-2010, 12:41 AM

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UK budget deficit races away

The UK’s annual budget deficit soared to £162.4 billion in the 12 months to the end of March, but fell short of the £167 billion forecast in last month’s Budget.With the deficit is at its highest since the Second World War and total government debt now at £890 billion (or 62% of GDP) all eyes [...]

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