UK’s £10tn debt timebomb could harm economy for decades, study says
PricewaterhouseCoopers warns that ‘alarming’ level of debt may prove hard to deal with if interest rates increaseBritain’s economy is sitting on a timebomb of debt on course to break through the £10tn barrier within the next five years, according to a report out today charting the country’s two-decade long addiction to borrowing.The study by consultancy [...]