Posts tagged: "Public finances"
Posted on May 31, 2016 by Nick Bateson
An income of £659 billion. Spending of £734 billion. Liabilities over £2 trillion. A £152 billion deficit. The Whole of Government Accounts (WGA) is the truly big picture of government finances: the net financial position of 6,000 public organisations – the entire public sector. There is no more complete record of what the government spends, receives, owns and owes. Dig into the details and you can uncover crucial indications of the long-term financial health of the country. more… Summing the parts of the whole (of government accounts)