BRITISH FINANCE
* GLOOMY STATISTICS. INCREASED DEFICIT. (Press Association —By Telegraph—Copyright, j LONDON, January 12. (Received Jan. 13, at 8.10 p.m.) Gloomy statistics followed the publication of the adverse balance of the Board of Trade returns. The first nine days of 1926 show that the national expenditure exceeded the revenue by approximately £12,226,000, thus increasing tlio deficit to over £125,000,000. The outstanding floating debt on January 9 was over £818,000,000 millions, (which is £18,000,000 less than it was a year ago, but an increase of nearly £76,000,000 compared with the beginning of the current financial year.—Reuter /
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Bibliographic details
Otago Daily Times, Issue 19687, 14 January 1926, Page 9
Word Count
95BRITISH FINANCE Otago Daily Times, Issue 19687, 14 January 1926, Page 9
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