Public sector borrowing: How big is it and should we be getting worried?
Just how big is April’s monthly borrowing figure in a historical context? And what does it signal about the direction of the public finances and the solvency of the government? Ben Chu investigates
The UK government borrowed £63.5bn in cash last month from the financial market, the Office for National Statistics has reported.
As expected, state spending was driven up by pandemic-related emergency spending while tax revenues were crushed by the lockdown.
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