The UK government borrowed £35.9bn in August in an effort to tackle the economic fallout from Covid-19, official figures show.

It means the national debt hit a record £2.024 trillion at the end of August – £249.5bn more than the same time last year – according to the Office for National Statistics, pushing borrowing up to 101.9% of gross domestic product (GDP).

In July, the UK’s debt passed £2 trillion for the first time in history as the government threw billions at offsetting the economic chaos caused by lockdown measures.

The Guardian

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