UK fiscal strain: near-100% debt-to-GDP ahead of budget

Ahead of the UK budget presentation, the government faces fiscal pressure from rising military spending, competing ministerial demands, and public debt near 100% of GDP. The core claim is sourced from a journalist's analysis, not official figures, so the exact debt ratio is unconfirmed. This matters because it signals potential constraints on fiscal policy, which could affect UK gilt yields and sterling.

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