Tax receipts fell very sharply last month, forcing the government to borrow heavily to cover the shortfall. The ONS estimates that central government receipts shrank by 16.7% compared with July 2019 to £56.6bn, including £40.4bn in taxes.
This has very little to do with 'Covid-19 costs', and everything to do with the Conservatives unsustainably borrowing against the taxpayers money, while stuffing their own pockets with every penny they can get away with, since 2010! Next they'll raise taxes for us to pay it back
But but but look! There’s a dinghy !
the bank of england prints £bills...................so boris can pay the bills
Easy, just sell Apple.
The Tories have found a magic money forest.
Meanwhile the Tories line their pockets, how about paying back the 10 grand you paid yourselves to work from home... BorisJohnson
One thing is for sure. The Guardian's offshore Cayman Island tax regime won't be helping to pay down the debt.
Is there any cash left for the inevitable Brexit fallout?