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New UK leader to face highest government debt in 60 years

Por: Associated Press Business October 22, 2022

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LONDON (AP) — British government debt rose to the highest level in almost 60 years last month and retail sales slumped, underscoring the scale of the economic challenges facing after her administration .Public borrowing rose to 98% of economic output in September as rampant inflation increased interest payments on what the government owed, the Office for National Statistics said Friday. That’s higher than at any point since 1963, when... + full article



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