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UK’s government debt reaches £1 trillion or £40k per household
Counting the cost: Britain's £1trillion National Debt means it will pay interest of nearly £120million a day - more than the government spends on defence.
Britain’s government debt smashed through £1 trillion ($1.59 trillion) for the first time yesterday – a staggering £40,000 per household.
Campaigners branded the milestone ‘terrifying’ and warned that taxpayers will have to foot the...