It’s time to sound the alarm on growing fiscal and financial risk
Rising public debt is one concern — another is how it is being financed
Rising public debt is one concern — another is how it is being financed

An intolerable burden is being placed on future generations that will result in financial crises and political instability

The sector remains untested in a severe or prolonged economic downturn

Combination of record government debt and rising borrowing costs puts central banks under pressure

Despite dire OBR warnings, changes to how projections are calculated can correct misplaced fear of unsustainable levels

Growth raises concerns about underwriting and risk management at fast-expanding groups

The market’s calm in the face of war is beginning to crack