Archive for December, 2009

UK National debt is £800billion (the PSBR is £175billion)

Posted on 16. Dec, 2009 by Voluntary Liquidation Advice.

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A quick correction/clarification regarding yesterdays post on the UK national debt / PSBR.
The PSBR (as stated yesterday) is the difference between how much the Government earns (or raises in tax revenues etc) and how much it needs to fund the country. So if the Government was a Private Company, the 175billion figure is the amount [...]

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About Paul Johnson

Posted on 16. Dec, 2009 by Voluntary Liquidation Advice.

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Dont let thishappen to you

Personal Experience of Debt:
3 years ago, I had 2 successful businesses and a 1.2million property portfolio but I also had 140k of personal & business debt. So I entered into an IVA, but I chose the wrong advisors. The IVA failed, my debt increased to approx 400k & the Insolvency practitioner [...]

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