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UK debt pile to continue rising

21.03.13 @ 08:48

  1. By EUOBSERVER

The UK's debt pile will increase every year until 2017-18, UK Chancellor George Osborne said Wednesday. Meanwhile, the UK's deficit will hit 7.4% of GDP in 2012-13, 6.8% in 2013-14 and 5.9% in 2014-15, among the highest in the EU, according to the independent Office for Budget Responsibility.

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