PA Panel: Advisers 'worried' about UK debt position

clock • 2 min read

The Professional Adviser Panel is a (not so) secret group of 250 advisers each week asked for their views on a topical issue. This week: UK debt.

While Greece's debt crisis continues to worry European investors, more than two-thirds of advisers say there are worried about the UK's own debt position. The Chancellor has received fresh criticism from the CBI this week, being asked to detail how the Government plans to repay its debt, and the Professional Adviser Panel is also concerned about the country's finances. Concerns over Britain's huge bank bail-out, and the consequent effect it has had on the UK's public finances, mean 69% of advisers are worried about the UK's economic prospects, while 28% say they are very worried. S...

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