Britain's borrowing is spiralling, debt interest costs remain painfully high and warnings about the state of the public finances are growing louder.
With the government struggling to balance the books and taxpayers facing the prospect of higher taxes and more borrowing, some are asking an uncomfortable question: could Britain be heading towards another IMF bailout?
Podcast host Duncan Barkes is joined by the TPA's Darwin Friend and William Yarwood to discuss the UK's worsening fiscal outlook, the risks posed by mounting debt and deficits and what politicians need to say and do to get this under control.
