197. How Close Is The UK To A Lethal Debt Spiral?

Is the government already in a debt trap, where the economy can’t grow fast enough to cover its rising interest bill? Can the government spur economic growth enough to rescue the UK from relentless tax rises and spending squeezes? How should the machinery of government be reformed to turn a growth mission into a practical reality?

Robert and Steph look at the warning from the respected NIESR that a debt trap may be an imminent danger.

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