Act soon to change ‘unsustainable’ direction of UK debt, OBR warns
The Office for Budget Responsibility warned that the UK must act promptly to address 'unsustainable' rising debt levels. Forecaster Tom Josephs stated that health and pension costs could push public debt to unsustainable heights by the 2040s without immediate government intervention. Delaying action could lead to a far more dramatic fiscal adjustment later.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 07 Jul 2026, 13:21 UTC · Updated 07 Jul 2026, 13:40 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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