UK borrowing soars in August as Covid costs mount
Image copyright Getty Images Image caption The government funded the “Eat Out to Help Out” scheme in August
The UK government borrowed £35.9bn in August as tackling the economic fallout of pandemic took its toll on the public finances, official figures show.
The figure – the difference between spending and tax income – was £30.5bn more than it borrowed in August last year.
The increase…
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.