The UK Needs to Break Out of Its Debt Doom Loop

The UK Needs to Break Out of Its Debt Doom Loop

Government borrowing is at its highest level since the pandemic, growth is weak and taxes are driving away high earners. Boldness is required.

Jacob Rees-Mogg warns country is heading for economic ‘doom loop’

SIR Jacob Rees-Mogg has warned that the UK’s economy is in serious economic trouble which tax rises will only make worse. Speaking on GB News, Sir Jacob Rees-Mogg said: “The Chancellor promised to end youth unemployment, give every school a library, save British Steel, raise wages, invest in rail and the NHS, with a free Terry’s chocolate orange for everyone at Christmas. She may not have said that. “But Britain is in serious economic trouble. P…