Keep pulling the thread on Andy Haldane.
The UK's debt-to-national income ratio has tripled during the 21st century.
The UK government is now paying over £100 billion per year in interest payments on its national debt.
The Office for Budget Responsibility has warned that the UK is nearing a point where further tax rate increases could reduce overall tax revenue.
Increasing the UK's defense spending to 3.5% of GDP would require an additional £30 billion per year.
Andy Haldane believes that funding increased UK defense spending will require significant cuts to either the NHS budget or the welfare and pensions budget, with the latter being the more likely target.
UK households and institutions hold over £2 trillion in cash that is currently earning a negative real return.
The UK ranks third globally, behind the US and China, in the absolute number of venture-backed companies with annual revenues over £25 million.
Andy Haldane asserts that the UK is the only major economy where pension funds do not have a "home bias" that favors investment in domestic companies.
Andy Haldane predicts that neither the Bank of England nor the US Federal Reserve will raise interest rates in the current year, assuming energy prices remain stable.
The rate of UK university graduates who are Not in Education, Employment, or Training (NEET) is now higher than the rate for individuals whose highest qualification is A-levels.
The United Kingdom ranks approximately 6th globally in terms of total GDP but falls to around 26th or 27th when measured by GDP per capita.
On May 21st, the stock of UK housebuilder Crest Nicholson fell 39% within minutes following a profit warning.