“We have to focus on driving a strong economic recovery,” said the UK Finance Minister Rishi Sunak, after the publication of the financial data of the public sector of the country.
“The government continues with the comprehensive aid package,” he added.
“The British public debt amounted to 31,696 million pounds ($ 44.93 billion) in April, the first month of the new financial year, up from 47.315 million pounds the previous year, when public finances first felt the full impact of the COVID pandemic, “Reuters reports, citing official figures from Tuesday.
Market reaction
GBP / USD is approaching the 1.4200 mark, gaining 0.26% on the day, as the US dollar continues to lose ground on the session amid weaker Treasury yields.
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