EC Predicts U.K. Public Debt Explosion

The European Commission has predicted that public debt in the U.K. will soar to roughly 180% of gross domestic product—more than double projected by the U.K. Treasury.

  • 11 Sep 2009
The European Commission has predicted that public debt in the U.K. will soar to roughly 180% of gross domestic product—more than double projected by the U.K. Treasury. The U.K. has forecast its debt will peak at 80% of GDP before it begins to decline. The EC’s gloomy assessment ...

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1 Societe Generale 13.43
2 Rabobank 12.61
3 Morgan Stanley 10.27
4 Barclays 7.86
5 Natwest Markets (RBS) 7.15

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5 Credit Suisse 9,276.87 26 5.84%