UK borrows record $162bln in three months to June – ZAWYA

UK borrows record $162bln in three months to June – ZAWYA

uk borrows record $162bln in three months to june sunak says more sustainable finances needed in medium term    sterling pound.london - british government borrowing surged to a record 128 billion pounds ($162 billion) in the first three months of the 2020/21 financial year, when covid-19 lockdown measures were tightest, more than double the entire previous year's borrowing.most economists think british government borrowing this year will be its largest since world war two relative to the size of the economy.borrowing in june, excluding state-owned banks, was 35.5 billion pounds, the government statistics office said. that was five times more than a year earlier though below economists' average forecast of 41.5 billion pounds in a reuters poll, following a big downward revision for may.most economists think british government borrowing this year will be its largest since world war two relative to the size of the economy.london - british government borrowing surged to a record 128 billion pounds ($162 billion) in the first three months of the 2020/21 financial year, when covid-19 lockdown measures were tightest, more than double the entire previous year's borrowing.borrowing in june, excluding state-owned banks, was 35.5 billion pounds, the government statistics office said. that was five times