Public sector debt has rocketed to £2trillion for the first time in history, as the economy fights for survival in the aftermath of the coronavirus pandemic.
Debt has hit £2.004trillion and is up around £227.6billion from a year ago, the Office for National Statistics announced on Friday.
Government borrowing hit £26.7 billion in July - £28.3billion more than the same time last year, and the fourth-highest monthly figure since records began in 1993.
Debt reached 100.5% of GDP at the end of July, the first time it had risen above 100% since 1961, ONS experts said. It comes as Chancellor Rishi Sunak warned of "hard times ahead" after the UK entered recession earlier this month.
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