The UK's national debt tops £2 trillion, and passes 100% of the country's GDP for the first time in over 50 years

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• The UK's government debt has hit £2 trillion ($2.6 trillion) for the first time in history after policymakers doled out "extraordinary" fiscal support during the pandemic this year.
• Britain's debt has exceeded 100% of economic output for the first time since the 1960s, the ONS said.
• The news comes about a week after the UK officially entered into recession as economic output dropped 20.4% in the second quarter. 
• Visit Business Insider's homepage for more stories.

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The UK's government debt has exceeded £2 trillion ($2.6 trillion) for the first time in history, according to data released by the country's national statistics authority on Friday.

That indicates Britain's debt has exceeded 100% of economic output for the first time since the 1960s, the ONS said.

See the rest of the story at Business Insider

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