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Julian Jessop

  • Tax or cut? Rachel Reeves faces fiscal headache before OBR forecasts

    Economics

    The Office for Budget Responsibility (OBR) will publish its latest assessment of the UK economy on 26 March.

    The NAO has warned against making private finance decisions as a means to avoid accounting classifications or achieve ‘off balance sheet’ investment and the eventual costs of maintaining or upgrading assets if they are handed back by the private sector. If costs are not accounted for properly, taxpayers will be exposed to the risks of higher public expenditure over the long term.

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