Could A UK Debt Crisis Unfold By 2050?

Is a UK debt crisis on the horizon now that the country has voted to leave the EU?

The fortunes of the UK economy and that of Europe have charged in opposite directions ever since the UK voted to leave the European Union last year. Even though it’s taken 12 months for the slowdown to appear in the data, the impact of the leave vote is now weighing heavily on the UK economy with first-quarter GDP growth of 0.2% lagging every other nation in the rest of the 28 nation bloc. Over the past few days, more lackluster economic data has been published. Data from the Office for National Statistics showed that economic productivity per hour fell by 0.5% in...