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Please see below an article from A.J. Bell which was received yesterday afternoon, which provides their insight into the current level of Government debt and how it could be managed:

As you can see from the above article and from various media coverage, the current level of UK debt is at an all-time high. As things stand with very low interest rates, this makes government borrowing rather cheap. Tax-rises could be used to help pay some of the debt, but this is not likely to be an imminent option as we need the economy to recover first.

Please continue to check our Blog content for advice and planning issues and the latest investment, markets and economic updates from leading investment houses.

Please keep safe and healthy.

Carl Mitchell – Dip PFS

IFA and Paraplanner