Michael Burton 21 August 2020

Lockdown havoc on finance figures

Public debt has bust the £2 trillion mark for the first time, up by £227.6bn over the same time last year as the lockdown wreaks havoc on the public finance figures.

However, the Office for National Statistics (ONS) has reduced its estimate of local government borrowing by £1bn.

Debt at the end of July was 100.5% of gross domestic product (GDP), an increase of 20.4% compared with the same point last year and the first time it has been above 100% in almost 60 years.

In July the public sector borrowed £26.7bn or £28.3bn more than it borrowed in July 2019.

To continue reading visit The MJ (£).

SIGN UP
For your free daily news bulletin
Highways jobs

Public Facilities Security Operative - Tendring

Essex County Council
Up to £12.6500 per hour
Public Facilities Security Operative - Tendring District Council Brightlingsea - Walton-on-the-Naze, Essex Part-Time, Temporary £12.65 PAYE / £16.22 U England, Essex, Clacton-On-Sea
Recuriter: Essex County Council

Head of Education and Early Years - Mid Essex

Essex County Council
£78438.0000 - £92279.0000 per annum
Head of Education and Early Years - Mid EssexPermanent, Full Time£78,438 to £92,279 per annumLocation
Recuriter: Essex County Council

Adults Social Worker - North Essex (Expression of Interest)

Essex County Council
£38487 - £51834 per annum + Flexible Working, Hybrid Working
Adults Social Worker - North Essex (Expression of Interest)Permanent, Full Time£38,487 to £51,834 per annumLocation
Recuriter: Essex County Council

SEND Operations Partner

Essex County Council
£33915.0000 - £39900.0000 per annum
SEND Operations PartnerPermanent, Part Time£33,915 to £39,900 per annum (full time equivalent)Location
Recuriter: Essex County Council

Personal Facilitator - FTC till the 31st March 2028

Essex County Council
£25959.00 - £28621.00 per annum + Pro Rata
Personal FacilitatorFixed Term, Part Time£25,959 to £28,621 per annum, full time equivalentLocation
Recuriter: Essex County Council
Linkedin Banner