BizBeat Ep. 190: UK pandemic bill reaches over £300 billion, financial risks continue to accumulate
With the increasing expenditure on the pandemic, the UK's financial risks are also accumulating day by day. According to a report released by the British Parliament, the British government is facing financial risks of £372 billion in the next few decades. In the loans issued to small-and medium-sized enterprises in response to the COVID-19 pandemic, the loss to taxpayers due to fraud and loan defaults is estimated to be £26 billion. In this episode of BizBeat, CGTN's Zheng Junfeng analyzes the huge pandemic bill facing the British government.