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Debt costs are ‘increasingly crazy’, Burnham ally says

Summary by City AM
The cost to taxpayers of paying off the interest on UK government debt is “increasingly crazy”, according to a top economist who advised Andy Burnham. Lord Jim O’Neill, the former Goldman Sachs executive who advised Burnham in his run-up to Downing Street, told LBCs Nick Ferrari that debit interest payments far outweighing the defence budget were [...]

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City AM broke the news in London, United Kingdom on Wednesday, September 23, 2026.
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