Monday, November 23, 2020

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UK national debt highest since 1960s after record October borrowing – business live | Business

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. Britain has racked up another month of record-breaking borrowing, as the cost of the Covid-19 pandemic continues to mount. The latest public finances, just released, show that the UK borrowed £22.3bn in October to balance the books, around £10.8bn more than a year ago. That’s the highest October borrowing figure on record, and the sixth-highest borrowing in any month since monthly records began in 1993 (beaten only by April, May, June,...
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