Live Support

29307468037_5542df0941_b.jpg?profile=RESIZE_400xGovernment borrowing surged to £62bn in April, the highest monthly figure on record, after heavy spending to ease the coronavirus crisis.

It means the deficit - the difference between spending and tax income - was larger last month than forecast for the whole year at the time of the Budget.

The data from the Office for National Statistics revealed the soaring cost of support, such as furlough schemes.

...

BBC News

You need to be a member of People's Forum to add comments!

Join People's Forum

Email me when people reply –

Discussion Area

This area is for people to post and view discussions. You can use the the tabs at the top of the page to filter the discussion to the topics you want.

If you would like to start a discussion please click Add Discussion