![Chancellor of the Exchequer Rishi Sunak and his treasury team](https://s.wsj.net/public/resources/images/FN-AK642_fn_deb_M_20200619080950.jpg)
UK public debt is now higher than the country's economy, jumping above 100% of official GDP figures for the first time since 1963. The government borrowed a record £55bn in May, nine times more than the year before.
Overall UK debt at the end of May soared 21% to about £1.95tn.