UK's debt reaches highest since 1960s, limiting Chancellor Rachel Reeves' spending options.

BBC Breakfast host Ben Thompson interrupted the show to announce UK's debt reaching its highest since the 1960s, nearly equalling the value of all goods and services produced in the economy. New Chancellor, Rachel Reeves, faces limited spending options in the Autumn budget, potentially necessitating government cuts in non-essential departments.

August 21, 2024
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