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.
At the end of July, total accumulated debt hit £2.004 trillion ($2.61 trillion, 2.2 trillion euros), the Office for National Statistics (ONS) said in a statement.
The debt increased by £227.6 billion compared with July 2019.
“This crisis has put the public finances under significant strain as we have seen a hit to our economy and taken action to support millions of jobs, businesses and livelihoods,” finance minister Rishi Sunak said in a separate statement.
“Without that support things would have been far worse.”
UK borrowing last month alone was estimated at £26.7 billion, the ONS said.
#Newsworthy…
As talked about, massive canines aren’t aware of the truth that they are big.
LikeLike
This stimulation may be within the type of obedience training.
LikeLike
If your dog already eats twice a day however vomits foam within the morning
before breakfast, you can assist relieve this by giving a small snack
at bedtime.
LikeLike
There is no one-size-fits all answer to this query – it varies from one breed to another.
LikeLike