The UK government’s debt exceeds 2.1 trillion pounds, the highest level in decades.

February 19th local time, data released by the Office for National Statistics showed that by the end of January this year, the debt of the British government exceeded Pound2.1 trillion, the highest level since the 1960s, accounting for about 97.9% of the UK’s GDP.

The data shows that the COVID-19 epidemic has had a serious impact on the British economy.

In the first 10 months to the end of January, revenues such as taxes fell by 6.7%, but government spending increased by 29.8%.

Chancellor Sunak previously said that once the economy begins to recover from the epidemic, it will push public finances back to a sustainable state.