Debt as % of GDP, thanks to Timetric
We've run out of money, the country that is.
Britain's public finances plunged £8bn into the red last month - far worse than the £500m analysts had predicted and the first time government finances have recorded a shortfall in July since 1996.
The government's net debt was £800.8bn - 56.8% of GDP. Alistair Darling predicted in the budget that borrowing would rise to £175bn this year
When you take into account that UK GDP is presently around £1.3tn, the national debt could run to a total of £2.2tn, or over 150% of GDP.
DATA: Britain's public debt since 1974
Tax receipts since 1963
Debt as cash, thanks to Timetric
Can you do something with this data?
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