UK national debt will continue to rise over next five years, says IMF
by Larry Elliott Economics editor from on (#6AQB7)
Forecast by Washington-based body puts at risk Rishi Sunak's pledge to cut debt as share of GDP
Britain's national debt will continue to climb over the next five years, putting at risk one of Rishi Sunak's key pledges to voters, according to an International Monetary Fund study.
The IMF said the cost of subsidies to consumers faced with rocketing energy bills meant repair of the UK's Covid-battered public finances was taking longer than in other developed countries.
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