Britain finally pays off World War Two loans

The government said it will on Friday pay back the final instalments of loans taken out at the end of World War Two to finance vital reconstruction.
The payments of $83.25 million (42.4 million pounds) to the United States and $22.7 million to Canada will close the final chapter of the war and mean that in total the country has paid close to twice what it borrowed in 1945 and 1946.

Britain borrowed a total of $4.3 billion from the United States in 1945, followed in 1946 by a loan of $1.2 billion from Canada.

Now that this money has been finally paid off, perhaps the Government will turn it's attention to the current conflict that is going on and provide our troops with the resources they so desperately need.

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