UK finance ministry sees budget deficit hitting 337 billion pounds - Telegraph
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LONDON (Reuters) - Britain's finance ministry fears government borrowing this year could hit a record 337 billion pounds due to the coronavirus, the Daily Telegraph newspaper reported late on Tuesday, citing an internal government document.Under a worst-case scenario, where the economy does not recover, borrowing could surge to 517 billion pounds compared with a forecast of just 55 billion pounds for 2020/21 as recently as March, the newspaper said.Officials warned ministers that Britain could..