Borders News, Sport, Whats On in Borders
Wednesday February 22nd 2012
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Sports Headlines
McDermott denies Wolves talks Reading manager Brian McDermott has denied holding managerial talks with Wolves prior to signing a new contract.
Later than planned Brian McDermott told Boots 'n' All that the World Club Challenge should be staged in the autumn.
Borders International News: UK Public Debt Passes £1 trillion marker.
The UK sovereign borrowing debt pile rose above £1 trillion for the first time ever in December. Newly released official figures show that net debt, excluding any financial interventions reached £1,003.9bn, equal to around 64.2% of GDP.
The £1tr mark was breached despite the fact that public borrowing in December (£13.7bn) was lower than analysts predicted (£14.9bn).
Economists warned that a return to a recession if the government step in to cut deficits could throw the deficit reduction strategy off course leading to Britain being worse off in the long run.
Tuesday January 24th 2012
The Onlines
