UK government borrowing swelled to 62.1 billion pounds ($75.7 billion) last month as programs meant to cushion the blow of the COVID-19 pandemic hit the public purse.
The UK Office of National Statistics says the figure was the highest for any month on record.
The ONS also cautioned that its estimate could be significantly revised as the full impact of the outbreak becomes clearer.
Michael Hewson of CMC Markets says that “none of these numbers should be a surprise to anybody … as every other country is in the same leaky boat.’’
He says the numbers are expected to go even higher because of Treasury chief Rishi Sunak’s decision to extend a program for furloughed employees into the fall.