Business

Britain's financial challenges

Updated 2026-10-06 09:40 UTC 1 source Negative

The former chief economist of the Bank of England warns that Britain is on 'thin ice' due to high government borrowing costs, urging action to appease financial markets.

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CNBC

Britain is on 'thin ice,' warns ex-Bank of England chief economist — and it must act to 'appease financial markets'

Britain has the highest government borrowing costs in the G7.

2026-10-06 07:53 UTC