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Gilt-y Plea: Why UK Market Turmoil Is a Big Problem for Rachel Reeves

Bloomberg UK Politics

CHAPTER

Navigating Austerity and Political Challenges

This chapter explores the political intricacies surrounding public spending cuts, emphasizing the tension between fiscal responsibility and public welfare. As the discussion unfolds, it highlights the diminishing fiscal headroom due to rising borrowing costs and the implications for tax policy and party dynamics.

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