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UPDATE: UK Debt At 100% of GDP, Inheritance Tax Fears & BOJ Holds Rates

Bloomberg Daybreak: Europe Edition

CHAPTER

UK's Economic Challenges and Global Implications

This chapter explores the escalating conflict between Israel and Hezbollah, alongside discussions on the UK's national debt hitting 100% of GDP. It further examines the economic ramifications of high debt levels, fiscal management, and the potential policy shifts under a Kamala Harris presidency. Additionally, the chapter covers consumer confidence, the challenges facing the Bank of England, and proposed taxation changes to address the budget deficit.

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