UK Borrowing Hits New Record During CCP Virus Pandemic

UK Borrowing Hits New Record During CCP Virus Pandemic
A general view shows the Bank of England and the City of London financial district, amid the outbreak of the CCP virus, in London, on Nov. 5, 2020. John Sibley/File Photo/Reuters
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The British government borrowed £215 billion ($285 billion) in the first seven months of the financial year, the highest since records began in 1993, according to official statistics released on Friday.

The COVID-19 pandemic, which was caused by the CCP (Chinese Communist Party) virus, has had a substantial impact on public sector borrowing, the Office for National Statistics (ONS) said in its latest report.