Mark and Pete

Can the UK kick the habit of debt?


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UK central bank scrambles as pound tanks, debt costs soar and the Bank of England has intervened in the markets with emergency action to steady the nation's finances. The effort came after a tax cut proposal under new Prime Minister Liz Truss and finance minister Chancellor Kwasi Kwateng were perceived as triggering financial chaos. Can the country break the habit of increasing debt or is it here to stay forever?

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