OBR Warns of National Debt 'Explosion'
Update: 2025-12-17
Description
The Office for Budget Responsibility warns of a potential explosion in Britains national debt, projecting it could exceed two hundred seventy percent of the countrys economic output by the two thousand seventies under current spending plans. Unemployment rises, public sector wages grow faster than private sector, and the economy shrinks, adding to economic concerns. Debt interest payments remain high, and the recent budget is expected to increase borrowing.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
