UK government spending to respond to the pandemic pushed the public finances further into the red last month, although by less than City economists expected after robust consumer spending prevented a steep fall in VAT.

With the third lockdown in its second month, the Office for National Statistics said public sector borrowing was £19.1bn in February, £17.6bn more than in the same month last year and the highest February borrowing since monthly records began in 1993.


India ‘not withholding vaccines’, claims culture secretary

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