UK government debt hits £2tn for first time
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UK government debt has risen above £2 trillion for the first time amid heavy spending to support the economy amid the coronavirus pandemic.
Spending on measures such as the furlough scheme means the debt figure now equals the value of everything the UK produces in a year.
Total debt hit £2.004tn in July, £227.6bn more than last year, said the Office for National…
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