Revealed: The £612B debts the Government has hidden

Revealed: The £612B debts the Government has hidden

These include loan guarantees, incentive schemes, public-private initiatives and outsourcing contracts – all hidden off balance sheet.

  • asset protection schemes [bank bailouts] – £110B
  • remote contingent liabilities [risk cannot be pinned down] – £377B
  • PFI [Private Finance Initiative] obligations – £125B

All risks taken and paid for…..by the tax payer.

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