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Page last updated at 08:39 GMT, Thursday, 20 August 2009 09:39 UK

Could the UK default on its debt?


There is a level of government debt where you run the risk of not being able to meet your obligations, Conservative leader David Cameron has said. Richard Portes, professor of economics at London Business School, and Gerard Lyons, chief economist at Standard Chartered Bank, discuss whether Britain could default on its borrowing.

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