UK borrowing soars, retail sales plunge as COVID hits economy
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LONDON (Reuters) - Britain's government borrowed more than it has done in any month on record in April, pushing up a measure of public debt to close to 100% of economic output, and retail sales fell by a record 18% as the coronavirus crisis hammered the economy.April's borrowing at 62.1 billion pounds was six times higher than in the same month last year and March's figure was revised up sharply to nearly 15 billion pounds as the government's emergency job retention scheme kicked in.Public debt,..