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OBR: UK Debt / GDP Rate Exceed Almost 100%

In a report released on Tuesday, the UK's Budget Responsibility Office (OBR) stated that the UK's debt / GDP ratio could soon exceed 100%.

OBR: UK Debt / GDP Rate Exceed Almost 100%
Yazar: editor_1

Yayınlanma: 21 Temmuz 2020 17:33

Güncellenme: 7 Kasım 2024 17:50

OBR: UK Debt / GDP Rate Exceed Almost 100%

In a report released on Tuesday, the UK's Budget Responsibility Office (OBR) stated that the UK's debt / GDP ratio could soon exceed 100%. OBR noted that since the beginning of the year, borrowing was lower than they had set in the scenario, and this reflected the lack of credit collections and stronger tax receipts. The UK's FTSE 100 Index fell to lower levels in this report, and gained 0.47% with the most recent 6,290 points.
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