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public finances

  • OBR warns national debt is on ‘unsustainable path’ unless government takes action

    September 12, 2024

    The OBR forecast that government spending would rise to 60 per cent of GDP, from 45 per cent at the moment, whereas revenue will remain flat.

  • True state of the public finances continues to divide opinion

    September 3, 2024

    The true state of Labour’s fiscal inheritance continues to divide opinion. Over the first few weeks in office, the new government has been painting a very gloomy picture of the state of the public finances. The doom-mongering reached new heights last week after Sir Keir Starmer argued the state of the public finances were “worse [...]

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