Part 1/11:
Analyzing the UK’s Debt Situation: Current Crisis or Long-Term Challenge?
As we stepped into 2025, the UK found itself amidst a wave of media panic regarding its financial stability. UK bond yields soared to their highest levels since the 2008 credit crunch, raising alarming assertions that the nation was on a path towards a debt crisis potentially worse than what was witnessed during the Truss administration. The narrative framed a picture of impending doom against a backdrop of significantly rising national debt, which has surged from 30% to nearly 100% of GDP since 2003. Consequently, the cost of interest payments on this debt has doubled, exceeding £100 billion per year, thus placing the UK amongst the nations with the highest borrowing costs in the advanced economy sphere.