In today’s video, we’re diving deep into what’s being called Britain’s looming economic crisis. With inflation still high, borrowing ballooning, and economic growth stalling, serious voices — including a former Bank of England rate-setter — are warning that Britain may be on the path to a 1976-style debt crisis. Yes, an IMF bailout has even been raised as a possibility.
So… how bad is it really?
🔹 GDP is shrinking
🔹 Inflation is sticky at 3.6%
🔹 Government borrowing hit £20.7 billion in June
🔹 Youth unemployment is rising
🔹 House prices are falling
🔹 Bond yields are at their highest in years
While Chancellor Rachel Reeves says everything is under control and even points to IMF backing, not everyone is convinced. Kemi Badenoch warns of a “doom loop” — a toxic mix of weak growth, high welfare spending, and fragile market confidence.
Is this just political posturing, or is something fundamentally broken in the UK economy?
📌 KEY TOPICS COVERED
– UK economy explained
– IMF bailout warning
– 1976 economic crisis parallels
– Inflation and borrowing
– Unemployment and housing market trends
– Autumn Budget 2025
– Keir Starmer’s economic plans
– Rachel Reeves vs. Kemi Badenoch
– UK GDP and bond market update
Credit to : World Affairs In Context