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LONDON DAILY ARCHIVE

UK Struggles to Balance Budget After 74 Years of Deficit

Persistent fiscal imbalances highlight challenges for British economy

03 August 2025 · 23:39 UTC

More than seven decades since its last balanced budget, Britain continues to grapple with public spending that outpaces revenue.

Economists warn the country’s long-standing deficit signals deep structural issues that could worsen under current borrowing levels.

With pressure mounting to invest in public services and defense, fiscal reform remains a contentious but pressing necessity.