Tags : Office for National Statistics

U.K. Government Debt Tops £2 Trillion For First Time

British government debt has exceeded £2.0 trillion for the first time following large state borrowing as the coronavirus pandemic pushed the UK economy deep into recession, official data showed Friday, August 21, 2020. At the end of July, the total accumulated debt hit £2.004 trillion ($2.61 trillion, 2.2 trillion euros), the Office for National Statistics […]