'It pays to be paranoid': A senior Bank of England official is sounding the alarm on the UK's debt

A senior official at the Bank of England has voiced concerns about the possibly negative implications of the UK's high debt-to-GDP ratio, effectively saying that any increase in government borrowing could damage the country's financial stability. In a speech at University College London on Thursd...

'It pays to be paranoid': A senior Bank of England official is sounding the alarm on the UK's debt