Britain’s borrowing has actually skyrocketed to a record ₤1037 bn as debt overtook financial output for the first time in almost 6 years due to the coronavirus pandemic. The figure, which lays bare the expense to the country’s financial resources by the COVID-19 crisis, is ₤87 bn more than the very same time in 2015 […]

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The continuing financial toll of the coronavirus pandemic will see the US Treasury borrowing a record quantity in the second financial quarter. The $2.999 trillion (₤ 2.41 trn) is more than 5 times the previous quarterly record of $569 bn set throughout the 2008 financial crisis. It is likewise much more than the the previous […]

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