Office for Budget Responsibility warns national debt on course to hit 270% of GDP by 2070 amid volatilityBusiness live – latest updatesThe UK’s public finances are on an unsustainable long-term trajectory, given the growing cost of state pensions and the mounting climate emergency, the Office for Budget Responsibility has warned.Richard Hughes, who chairs the budget watchdog, said government debt would rise to 270% of GDP by 2070 – up from less than 100% today – if current policies were left unchanged. Continue reading…
Observations from the Little Bunker
Last updated: August 18, 2025 04:13 PM
Atmospheric CO₂
425.4 ppm
+18.4
ppm/year
Atmospheric CH₄
1934.91 ppb
+9.11
ppb/year
Global Temperature
+1.48 °C
Peak: +1.73°C
World Population
8.1 billion
+67
million/year