Sky News
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Coronavirus: How much COVID-19 is costing the UK government
Posted
May 22, 2020
Views
267,436
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881
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May 22, 2020
267,436
881
642
0.57%
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2:10Now PlayingThe government borrowed a record £62bn last month to pay for the ballooning costs of the COVID-19 pandemic - especially the job retention scheme.
This is almost three times higher than the amount borrowed in April 2012 during the last economic recession.
Sources of government revenue - like VAT receipts - have fallen as consumers spend less on household goods and clothing.
#coronavirus #covid19 #uk
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