Britain is on 'thin ice,' warns ex-Bank of England chief economist — and it must act to 'appease financial markets'

Source: cnbc October 6, 2026 · 00:53
Britain is on 'thin ice,' warns ex-Bank of England chief economist — and it must act to 'appease financial markets'
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Britain has the highest government borrowing costs in the G7.
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CNBC

The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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About United Kingdom

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Capital
London
Region
Europe & Central Asia
Income level
High income
ISO code
GBR
Data: World Bank

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