NEWS

UK government borrowing and debt surge

Britain achieved a new record in April for the largest increase in the government’s borrowing, and witnessed a rise in the ratio of its debt to national income to the highest level in almost sixty years. Economic activity during this time is understood to have dropped by at least thirty per cent – Financial Times

Pressure on Dominic Cummings to quit over lockdown breach – Guardian

Coronaphobia grips the nation: Britons shun Boris Johnson’s back to work plea because they fear lockdown is being eased too rapidly as a survey reveals most have more money in their pockets – Mail

Thousands of women miss out on £100m in state pension payments – Financial Times

Firms must start paying quarter of staff wages – Times

Boris Johnson forced to reduce Huawei’s role in UK’s 5G networks – Guardian

COMMENT

A ticking economic time bomb is about to detonate under the Tories – Juliet Samuel, Telegraph

We’re all going on a summer holiday and the government can’t stop us – Matthew Parris, Times

The Government must stop kowtowing to China and side with our true allies – Charles Moore, Telegraph