UK's big spending offer small spark to economy, but also huge debts

London

UK Chancellor Rishi Sunak is doing his utmost to boost the British economy and spending, but economists are beginning to fret about the debt surge.

So far, Mr Sunak's bumper £190 billion (S$333.6 billion) Covid-19 bailout has made him the most popular UK finance minister since Gordon Brown at the beginning of the Millennium.

According to pollster YouGov, 59 per cent of voters believe that he is doing a good job in trying circumstances.

This is hardly surprising considering the goodies that Mr Sunak has been showering in the hope that …

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