**CRISIS OF THE BRITISH ECONOMY**

**The UK economy is facing serious problems due to growing government debt,** which now stands at £2.9 trillion.

Bank of England Governor **Andrew Bailey has warned that the country may need significant spending cuts **and tax increases.

The National Institute of Economic and Social Research (NIESR) states **that measures totaling around £40 billion are necessary, otherwise the growing debt will become a heavy burden** for future generations.

_The war in Ukraine, population decline, migrants, debts — all these are signs of Britain's impending collapse._

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