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    CITY AM – They say there are only two certainties in life … Debt & Taxes

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    By News Team on October 25, 2024 Business, Business Briefing, News Briefing
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    CITY AM – They say there are only two certainties in life … Debt & Taxes

    October 25, 2024

    CITY AM SAYS Government debt is on course to continue rising through the 2020s, surpassing GDP and putting the UK at risk of an “adverse market reaction”.

    According to the International Monetary Fund’s (IMF) latest fiscal monitor, gross government debt will climb to 108 per cent of GDP by 2029, up from around 100 per cent of GDP at the moment.

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