The UK government has borrowed record-breaking amounts to pay for measures designed to limit the impact of coronavirus.
Initiatives such as the furlough scheme are expensive and government income is down because lower wages and spending mean people are paying less tax.
How much has the government borrowed? The latest data shows that the UK government borrowed £20.5bn in August. While this was £5.5bn less than in the same month last year, it was still the second highest August borrowing since monthly records began in 1993. pgslot 50%
In the previous financial year, the government had borrowed £325.1bn, the highest level in any financial year since records began in 1947.
The amount the government borrows to make up the difference between what it spends and what it collects is known as "public sector net borrowing".
