Company News 

Seven days: 28 August 2020

Seven days: 28 August 2020

Public borrowing breaks new record

The UK debt has topped £2 trillion for the first time, as the government ramped up spending to cushion the economic fallout of coronavirus. In July, public debt exceeded the value of goods and services produced in the UK for the first time since 1961. Borrowing between April to July is estimated to have been £128.4bn more than in the same period last year, making it the highest level of borrowing seen in the period since records began at the Office for National Statistics.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Register
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now