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Tuesday, April 28, 2009

Our National Debt Gains Momentum



National debt: Taken from public sector net debt figures (PSND) in Table C4 of Budget 2009. PSND rising from £609.1 billion on 5 April 2009 to £792 billion a year later. This is the most conservative of the available debt indices as it excludes liabilities for PFI deals, public sector pensions and bank bailouts.

Family share: Calculated by dividing the national debt figure by the number of households in the UK. Number of households taken as 25.7 million, as per the written answer to a Parliamentary question in March 2009.

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