UK public finances on an unsustainable path, Sunak says

LONDON, Nov 26 (Reuters) - British finance minister Rishi Sunak said on Thursday that the path for the public finances set out by official forecasters on Wednesday was not a sustainable one, the closest he has come to acknowledging that taxes will need to rise.

"The forecasts that were set out yesterday show us on a path where that (borrowing and debt) continues to be at a very elevated level, so that's not a sustainable position," Sunak told the BBC.

Sunak declined to commit specifically to tax rises, saying any decision would need to wait for his annual budget statement due early next year. (Reporting by David Milliken. Editing by Andrew MacAskill)