‘BRITAIN IN GREAT DEBTS’: Reeves Confirms Deep Crisis As UK Faces Inflation | Times Now World

Описание: UK Chancellor Rachel Reeves warned Britain faces a “deep fiscal reckoning,” admitting national debt has surged to £2.6 trillion, or 94% of GDP, and that one in every £10 of taxpayer money now goes on interest payments. In a rare pre-Budget address, Reeves blamed years of Conservative “reckless borrowing and made-up numbers” for Britain’s fragile finances. She said her upcoming Budget would prioritise reducing debt, protecting the NHS and easing the cost of living, while refusing to rule out tax rises. Reeves pledged to “do what’s right, not what’s popular,” setting the stage for a politically explosive November 26 budget.

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