
Britain’s Public Debt Crisis: How Borrowing Surged from 35% to 95% of GDP in Two Decades
Britain’s economic foundations are showing dangerous cracks. The nation’s net public debt has surged from 35% of GDP in 2005 to 95% today, while the government continues borrowing over 4% of GDP annually. Unlike previous debt spikes driven by financial crises or pandemics, this borrowing occurs during relatively stable times—raising urgent questions about fiscal sustainability…