OBR Warns of Unsustainable UK Debt, Chancellor Faces Scrutiny
Update: 2025-12-06
Description
The Office for Budget Responsibility warns of UKs unsustainable national debt, potentially reaching £3.5 trillion by 2031. Chancellor Rachel Reeves faces criticism for misleading public on public finances, leading to calls for her dismissal. Savers withdraw funds due to tax raid fears, and the OBRs forecasts show interest payments could reach £750 billion, equivalent to four years of NHS and social care spending.
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