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Ex-Bank of England Chief Warns Burnham on Debt-Fueled Growth
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- •The warning was issued on May 20, 2026, by a former Bank of England chief.
- •Burnham is being advised not to increase debt as a method to stimulate growth.
- •The concern centers on the potential negative impact of higher debt on economic stability and long-term growth prospects.
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- ▸If Burnham decides to increase debt to fund growth initiatives the economy could face higher financial risks, affecting taxpayers and investors through potential instability
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