BRITAIN owes an absolute pile. Government debt has surged to £2.198 TRILLION thanks to the Covid crisis.
But what does that kind of cash actually look like?
It’s a bigger wedge than any of us will ever get our hands on.
The sum could fund one-and-a-quarter Iraq Wars – or nearly 14 years of NHS spending. It’s £33,000 for every man, woman and child in the UK.
Chancellor Rishi Sunak says he’ll get it down . . . eventually.
Well, best of luck, mate.
Here, we show what £2,198,000,000,000 looks like – in used £50s plonked into Wembley Stadium.
£2,198trillion is the Government forecast for public sector net debt in 2020-21.
It is around 108 per cent of gross domestic product, the worth of everything produced in a year in the UK. It is financed mainly by Government bonds and quantitative easing or “printing money”.
The Government expects to pay around £45billion in debt interest in 2021/22.
Things this cash could do
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SOLDIER TRAGEDYWelsh Guards sergeant killed in live fire training exercise in Wales
MUTANT SPREADSurge Covid tests in London after Brazil variant 'Patient X' found
JAWS OF DEATHBoy, 8, cut from croc after 26ft beast swallowed him as dad tried to save son
VIRUS HOPECovid deaths and infections fall by a third in a week & hospital admissions down
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