UK sinks deeper into debt
Sep 24th 2022 1:30am EDT
High inflation is driving interest payments to record levels The British government’s debt interest payable has risen to the highest level on record, the Office for National Statistics (ONS) reported this week. The interest payable stood at £8.2 billion ($9.25 billion) last month, which is £1.5 billion ($1.7 billion) more than in August 2021, and […]
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