UK debt hits 100% of GDP, the highest level since 1960s

By The Guardian | Sep 20, 2024 at 05:47 AM EST

UK national debt has reached 100% of annual GDP, the highest since the 1960s, posing a challenge for Chancellor Rachel Reeves ahead of the budget. Government borrowing rose by £3.3bn in August, with tough decisions expected to rebuild the economy.

Did you find this insightful?

Bad

Just Okay

Amazing

We are preparing, please wait

New Alert

Select an alert type

Sentiment Spike

Send email alert if news sentiment changes significantly

Mentions Spike

Send email alert if has a surge in mentions

Choose sentiment spike or mentions spike or both to receive email alerts and app notification for the selected stock.
Note: Please be aware that you will receive an email only once a day, around 8:00 AM (EST), in the event of any spike.
In future if you don't want to receive any email then delete stocks added into alert section.