Source: John Paul Tasker, cbc.ca, May 21, 2020 Ultimately, economists say taxes will have to rise, or spending cut. Government borrowing surged to £62bn in April, the highest monthly figure on record, after heavy spending to ease the coronavirus crisis. It means the deficit – the difference between spending and tax income – was larger… Continue reading As Virus Costs Soar, UK Borrowing Costs at All-Time High