Britain's deficit falls to its lowest level since the 2008 financial crash FINALLY hitting the EU's target



Britain's net borrowing has been slashed to its lowest level since the 2008 economic crash - finally hitting targets laid out in the EU's Maastricht treaty.
The UK's deficit - the gap between the amount of money the country raises and the amount it spends - fell to £47 billion in the last financial year.
This is a drop of nearly £30bn in a year and the equivalent of just 2.4 per cent of gross domestic product, according to the Office for National Statistics.
It is the first time in nearly a decade that the figure has fallen below the 3 per cent target laid out in the Maastricht Treaty.
The... read more

 
17 July 2017 in Business, Views: 46
Source: Daily Mail
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