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Triple lock, triple trouble: Debt to be three times size of UK economy
The OBR revised up its public debt forecast in 2075 from 270 per cent as a share of GDP to 300 per cent due to higher pension spending.
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cityam.com
Triple lock, triple trouble: Debt to be three times size of UK economy
The OBR revised up its public debt forecast in 2075 from 270 per cent as a share of GDP to 300 per cent due to higher pension spending.
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theguardian.com
Act soon to change ‘unsustainable’ direction of UK debt, OBR warns
Forecaster says curtailing rising costs such as health and pensions ‘are today’s challenge, not just tomorrow’s’
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independent.co.uk
Pension triple lock to be key driver of public spending pressure, says OBR
Under the triple lock, the UK’s state pension rises each year by whichever is highest out of inflation, wage growth or 2.5%.
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mirror.co.uk
Andy Burnham warned of 'explosive' rise in national debt
The Office for Budget Responsibility has warned an ageing population could contribute to the UK's national debt tripling over the next 50 years
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Burnham warned of ‘unsustainable’ debt and government spending in latest OBR report
The UK has experienced one of the largest increases in government debt of any advanced economy over the past 20 years, the OBR said