One of the reasons our GDP has increased is because of almost £10 billion extra being included to account for the sex and drugs trade estimated to be worth some £5.3 billion and £4.4 billion respectively.
On current trends, government borrowing in 2014-15 will come in at around £100bn. The shortfall in the first five months of this financial year is actually higher than it was in the same period in 2013-14.
The Birmingham Post, Floor 6, Fort Dunlop, Fort Parkway, Birmingham, Huddersfield, B24 9FF
Birmingham Post.co.uk provides users with news, interviews, credible business information, expert in-depth analysis, the latest on executive property, career opportunities and reviews on the region’s culture.
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