Great Britain

This is what our £2 TRILLION debt would look like piled up in Wembley stadium

The Sun

HERE WE OWE!

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

Shoppers face online sales tax to pay off Covid-19 debt as Rishi Sunak looks for new ways to plug the financial hole

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