Part 2/11:
Recent headlines, including a stark warning from the Sunday Telegraph, paint a bleak picture of Britain’s financial health. Senior economists express concern that the UK could face a debt crisis on par with 1976, which saw Britain forced to seek an emergency bailout from the International Monetary Fund (IMF). Alarmingly, former members of the Bank of England's monetary policy committee have highlighted that Britain’s borrowing costs now surpass those of Greece—once infamous for its debt struggles—and this trend threatens economic stability.