The Capitalist
Despatch: Rachel Reeves is sleepwalking toward an IMF bailout
8:01
Britain's national debt is heading for £3 trillion. Servicing it costs roughly the annual wages of four million full-time workers. And a former chief economist of the IMF is now putting the odds of a major debt crisis before 2030 at better than fifty-fifty.
Independent economist Damian Pudner argues that the Government is running out of options quicker than many believe. Rachel Reeves can…