KING'S BOMBSHELL OVER SOARING DEBT [Scot Region]

Daily MailJune 25, 2009

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Summary


LABOUR'S economic policy was in disarray last night as the head of the Bank of England launched an astonishing assault over spiralling Government debt.

Mervyn King raised the spectre of national bankruptcy, warning that, without a credible plan, Britain could struggle to finance its 'extraordinary' deficit.

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KING'S BOMBSHELL OVER SOARING DEBT [Scot Region]

He said a recovery was 'more uncertain tha...

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