Trades and observations from a British contrarian stock investor

This blog is not intended to give financial advice. Before investing, do your own research and consult your financial adviser if appropriate. The accuracy of any information included is not guaranteed and may be subject to conjecture or interpretation by Contrarian Investor. Therefore visitors should validate all facts using alternative sources where possible.

Thursday, April 22, 2010

UK borrowing hits post war record

The U.K. government will borrow  a staggering £163 billion this year,  but down £12 billion from forecasts last year and £3billion less than projected in the budget.  This equates to £3,200 for every adult in the United Kingdom. 

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