Summary：**Liam Halligan Warns Britain Must Raise £120bn Annually to Prevent Shameful Bailout** *Introductio

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**Liam Halligan Warns Britain Must Raise £120bn Annually to Prevent Shameful Bailout**

*Introduction*
Economist Liam Halligan has sounded a stark alarm for the United Kingdom, insisting that the nation must generate an extra £120 billion each year to avoid a humiliating fiscal bailout. His warning comes as the Office for Budget Responsibility (OBR) projects that, without decisive action, public debt will continue to climb beyond sustainable levels. Halligan argues that the choice is stark: either raise taxes, cut spending, or face a loss of market confidence that could force the government into emergency borrowing on unfavorable terms.

*Key Developments*
The OBR’s latest fiscal sustainability report, released earlier this month, estimates that the UK’s structural deficit will