The O B R Is Going to Cut Taxes by the End of This Parliament

Borrowing has come in because the economy has rebounded faster, reopened more quickly than i think the o b r had previously expected. He's got nort point six % of jdy p's headroom. That sounds a lot, but that is less than what previous chancers have had and they haven't managed to meet their fiscal rules. Andi: The question is whether that money is now prioratized for tax cuts or more spendingand really quickly on inflation. It does seem worse than what was actually mentioned in the budget.