Britain's government debts to boost by USD167 b in September


(MENAFN) Britain"s trillion-pound government debt is expected to be increased by over USD167 billion in September, as the kingdom plans to revamp of the politically sensitive numbers by the country"s statistics agency, according to the Peninsula Qatar



Some of the changes are based on new European Union statistical rules, which say that the not-for-profit body will be classified as a public rather than a private corporation



But the bulk are an attempt to clean up how Britain"s public accounts have been presented since the financial crisis, which saw the purchase of big stakes and bonds in some of the country's banks


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