UK launches massive bond sales to fund COVID spending surge

LONDON (Reuters) - Britain's government plans to sell more bonds over the next three months than it had previously planned for the entire financial year to fund a surge in public spending in the face of the coronavirus crisis.The UK Debt Management Office said on Thursday it planned to issue 180 billion pounds of government debt between May and July to finance the unprecedented measures announced last month to avert the collapse of Britain's economy.Previously, the DMO had been planning to sell..