At the end of last week we found out that the UK national debt now totals more than 100% of our GDP (our entire economy). This is the first time this has happened in over 60 years. Of course it was to be expected with the huge amount of spending the government is...
https://www.youtube.com/watch?v=buds0zLxqNk&t=2s Last week I spoke about the huge bill the UK government is facing by trying to support jobs through the pandemic. Every week we find out a little bit more. The UK’s net debt at the end of April stood at 98% of GDP....
Just how expensive is the government’s Coronavirus business support package likely to be and how will the national debt be repaid? After all the Chancellor has said we will need to repay the money spent supporting jobs and businesses. So does this mean higher...
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