UK national debt soars to record high as COVID-19 pushes up borrowing

The UK's national debt has soared to new record highs, as the government pushed up spending to cope with the COVID-19. Public sector borrowing reached £2.024 trillion (US$2.6 trillion) in August. That's £250 billion more than the same period in 2019, and the highest in a single month since 1993 when monthly records began. In July, Britain's national debt passed £2 trillion for the first time ever, which works out to more than the nation's GDP.



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