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OBR urges UK to address unsustainable debt direction
The UK Office for Budget Responsibility warns action is needed to change an unsustainable debt path.
The Guardian Economics reports the UK Office for Budget Responsibility, or OBR, warned that the country’s debt trajectory is unsustainable and urged policymakers to act soon to change direction.
The outlet says the warning was tied to the need to address the ongoing fiscal outlook.
Sources
Guardian EconomicsAct soon to change ‘unsustainable’ direction of UK debt, OBR warns