Can the UK repay the £2 trillion national debt?
The Government is set to sell a record amount of debt between April and August this year, as it deals with the fall-out from the coronavirus crisis.
According to new figures from the Debt Management Office, officials are planning to sell £275 billion worth of government bonds over the period.
It is more than double the debt that the UK took on for the entirety of 2019, and £50 million ahead of the office’s previous estimate for April to July.
The UK's national debt is some £2 trillion; more than 100 per cent of national income for the first time since the end of the Second World War.
Matt Chorley speaks to former chancellors Alistair Darling and George Osborne about what it is like to be in charge of the nation's finances during a crisis.
Видео Can the UK repay the £2 trillion national debt? канала Times Radio
According to new figures from the Debt Management Office, officials are planning to sell £275 billion worth of government bonds over the period.
It is more than double the debt that the UK took on for the entirety of 2019, and £50 million ahead of the office’s previous estimate for April to July.
The UK's national debt is some £2 trillion; more than 100 per cent of national income for the first time since the end of the Second World War.
Matt Chorley speaks to former chancellors Alistair Darling and George Osborne about what it is like to be in charge of the nation's finances during a crisis.
Видео Can the UK repay the £2 trillion national debt? канала Times Radio
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