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Public finances

New UK fiscal metric paints a rosier picture of the national debt

by Stephen Beard
May 17, 2023
The U.K. has adopted an additional fiscal statistic that suggests public finances are not in such a bad shape after all.
The U.K.'s new “public sector net worth” measure offsets debt by including government-owned infrastructure, such as railways.
Carlos Jasso/AFP via Getty Images
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