Britain’s public debt burden is projected to exceed £3.5trillion by the 2030–31 financial year, according to new forecasts from the Office for Budget Responsibility (OBR). Annual interest costs are ...

The U.S. government's budget deficits are now projected to worsen throughout the next decade when compared with earlier forecasts this year, according to a new report by the nonpartisan Committee for ...

Global public debt could increase to 100 percent of global gross domestic product by the end of the decade if current trends continue, according to projections in our latest Fiscal Monitor. The rising ...

An intolerable burden is being placed on future generations that will result in financial crises and political instability ...

Global state debt has hit $100 trln, and borrowing costs have wobbled for Britain, France and the US. But if inflation keeps ...

Chancellor of the Exchequer Rachel Reeves needs to run primary budget surpluses, a feat Britain last achieved quarter of a century ago, to get a grip on the country’s “unsustainable” debt trajectory, ...

ONE REASON economists have a poor record of predicting fiscal crises is that there is no defined level at which debt can be said to be too high. They prefer to assess whether a debt-to-GDP ratio is ...