Government borrowing reaches £303 billion

Over the past year or so the government has been pretty free and easy when it comes to spending. The pandemic gave the government little option but to support public services and those who were unable to work or open their businesses due to Covid 19.

However, while the nation suffered under the cloud of covid, there were those who were worried about the cost and how we would pay the borrowing back. While paying it back is not an immediate worry, the cost is becoming apparent and according to government figures it has reached £303bn, the highest amount of government borrowing during peacetime.

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

@Biz_Nooz #Biz_Nooz #UKGov #Government #HMTreasury #Borrowing #Money #Covid #Cost

In order to keep this site free and cool forever! This post may contain affiliate links to various partners! We always say that you must never click on any link that you are not sure of! Further to that we also reconmend that you must always check with your own professional advisors before making financial decisions of any kind! We are here to offer an all around look at whats happening in tech, media, apps and websites, you can read our affiliate policy below!

Leave a Reply

I accept the Privacy Policy

Discover more from Biznooz

Subscribe now to keep reading and get access to the full archive.

Continue reading