The Office for Budget Responsibility predicts a grim outlook for Britain, with national debt projected to rise from just under 100% to 274% of GDP by the mid-2070s, translating to massive government borrowing and escalating public spending pressures.
As the population is projected to increase by 13 million by 2070, with significant growth among those aged 65 and older, the UK will face skyrocketing health and pension costs that could further strain its public finances.
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