UK economic data delivers fresh blow to new govt

UK economic data delivers fresh blow to new govt …C0NTINUE READING HERE >>>

British Prime Minister Keir Starmer has warned that his government’s budget announcement will be ‘painful’.
Photo: JUSTIN TALLIS / POOL/AFP/File
Source: AFP

UK state debt is as big as the country’s economic output for the first time since the 1960s, data showed Friday, as the new government warns of tough fiscal decisions before its maiden budget.

Public sector net debt “was provisionally estimated at 100 percent of gross domestic product at the end of August”, the Office for National…

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