The British public debt exceeded for the first time the 2 trillion pounds

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Britain’s public debt exceeded τρι 2 trillion for the first time in July as the government increased public spending to tackle the new coronavirus pandemic, official data released today by the UK National Statistics Office showed.

Debt rose to exactly 2 2 trillion 4 4 billion at the end of last month, accounting for 100.5% of GDP for the first time since 1961.

“Today’s figures are a stark reminder that we need to restore our public finances on a sustainable basis. “Something that will require difficult decisions,” said Finance Minister Risi Sunak.

(KYPE)