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Published 12:37 IST, September 20th 2024

UK debt hits 100% of GDP, adding to Rachel Reeves' headache

Bank of England records show debt was last running at this level on a regular basis in the early 1960s.

Reported by: Thomson Reuters
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UK debt crisis looms
Several hundreds of billions of pounds worth of government debt is owned by the Bank of England. | Image: Shutterstock
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12:37 IST, September 20th 2024