Good morning. It is a frantic end of the week for the City’s economists and number crunchers. Government debt has topped £2 trillion for the first time and now stands at 100.5 per cent of gross domestic product (GDP). National debt as a percentage of GDP has increased 20.4 per cent over the past 12 months to rise above 100 per cent of GDP for the first time since 1961. Later this morning the Office for Budget Responsibility is expected to lay out in detail the costs of

Source: The Times August 21, 2020 07:52 UTC