By using this site, you agree to our Privacy Policy and our Terms of Use. Close

UK has its own set of problems. They need to cut a huge portion of their spending to start reducing their deficit, which will effect government programs and that usual leads to some unhappy folks. Were talking at least 7-8% of spending. Fortunately the UK like the US is lucky enough to have central banks which can buy up some of the debt, so they are far better off then a country like Greece.