UK Debt Crisis: A Nation on the Brink?

Is Britain heading for a debt disaster? The UK's national debt has exploded to nearly 3 trillion pounds, sparking warnings from former Bank of England Governor Lord King. Discover how the financial crisis and the pandemic pushed the country to borrow heavily, limiting its ability to handle future crises. Chancellor Rachel Reeves admits recent tax hikes are hitting economic growth, and experts are urging smarter reforms instead of endless tax increases. Can the UK escape this debt trap? Tune in to find out. Hosted on Acast. See acast.com/privacy for more information.