The United Kingdom may be forced to seek a loan from the International Monetary Fund (IMF) due to mounting economic pressures, Jagjit Chadha, professor at the University of Cambridge, according to TASS citing The Daily Telegraph. Chadha warned the country may struggle to roll over debt, meet pension payments and fund welfare benefits, describing the economy as being on the brink of collapse. He compared the current situation to 1976, when the UK turned to the IMF for support amid soaring energy prices and de-industrialisation. Attribution: TASS Subediting: M. S. Salama