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

LADO Operation Manager

The Royal Borough of Kensington & Chelsea Council
Up to £53076 per annum
Lead the safeguarding response that protects children and young people across two boroughs. As the LADO Operations Manager for Kensington and Chelsea England, London
Recuriter: The Royal Borough of Kensington & Chelsea Council

Community Connector (Mid)

Essex County Council
£27665.00 - £32546.00 per annum
Community Connector (Mid)Fixed Term, Full Time£27,665 to £32,546.00 per annumLocation
Recuriter: Essex County Council

Youth Violence Reduction Team Manager

The Royal Borough of Kensington & Chelsea Council
Up to £53076 per annum
Lead a specialist team reducing violent harm and supporting young people to find safer, positive paths forward. As our Youth Violence Service Team Man England, London
Recuriter: The Royal Borough of Kensington & Chelsea Council

Engineer (Highways Assets)

The Royal Borough of Kensington & Chelsea Council
Up to £44937 per annum
Help maintain and protect the borough's highways, bridges and drainage systems - keeping our streets safe and connected every dayHelp maintain and pro England, London
Recuriter: The Royal Borough of Kensington & Chelsea Council

Quality and Improvement Officers

Durham County Council
Grade 8 £32,597 - £36,363 p.a.
A vacancy has arisen within the Property Partnerships and Innovation team for two full time permanent Quality and Improvement Officers.   WHAT IS INVO Durham
Recuriter: Durham County Council
Linkedin Banner