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flag UK's OBR warns public finances are unsustainable due to unaffordable spending commitments.

flag The UK's Office for Budget Responsibility (OBR) warns that the country's public finances are on an unsustainable path due to spending commitments the government can't afford long-term. flag Public finances are in a vulnerable position, with debt at 96.4% of GDP and projected to rise above 270% by the early 2070s. flag Recent U-turns on planned spending cuts and the rising cost of state pensions contribute to this risk. flag The OBR warns of mounting risks, including challenging global economic conditions and climate-related factors.

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