Public sector debt hits 50-year high

By Michael Burton | 25 September 2020

Total public sector debt has breached the £100bn mark for the first time since 1961, according to latest finance figures from the Office for National Statistics.

Debt at the end of August was £2,023.9bn or around 101.9% of gross domestic product (GDP), £249.5bn more than at the same point last year.

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