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Britain will borrow more than £400 billion over the next five years, as the total stock of accumulated Government debt will peak at 57 per cent of GDP in 2013/14.
As a proportion of GDP, this is the highest level of government debt ever recorded - even more than Britain ran up in the wake of the Second World War.
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As a proportion of GDP, this is the highest level of government debt ever recorded - even more than Britain ran up in the wake of the Second World War.
Save & Share
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