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Is the UK Getting a Pay Rise?

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Analysis of Institute for Fiscal Studies' Green Budget

This chapter provides an analysis of the Institute for Fiscal Studies' annual green budget, discussing the state of public finances and policy options before the official budget announcement. It explores statistics on inflation versus wages and highlights variations across industries. The chapter also discusses tax changes, freezing of interest rate thresholds, and the challenges of cutting taxes due to high debt and government spending.

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