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New chancellor, new rules

Political Fix

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UK's Investment Dilemma

This chapter analyzes the UK's historical underinvestment in crucial infrastructure and its potential effects on economic growth and public services. It discusses the challenges of reforming fiscal policies to prioritize capital expenditure while managing rising government debt and interest rates. Additionally, it explores the political ramifications of tax policies and spending cuts, particularly concerning the Labour Party's stance on international aid amidst evolving global relationships.

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