These are the figures for new issues from the Debt Management office in £'millions. Figure £25 illion repayments and the net looks pretty bad. Add in a few tens of billions for PFI and £55 billion of contingent liabilities for Morthern Rock, and the country is pretty much bust.
1998 | 5,945 |
1999 | 9,800 |
2000 | 6,000 |
2001 | 8,975 |
2002 | 18,300 |
2003 | 47,150 |
2004 | 44,500 |
2005 | 44,775 |
2006 | 61,025 |
2007 | 62,075 |
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