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UK Economic Challenges and Policy Responses
This chapter examines the rising government borrowing costs in the UK, reaching levels not seen since 2008, and their implications for fiscal policy adjustments. It discusses potential measures like spending cuts or tax increases needed to balance the budget and addresses the complexities surrounding remote work and its intersection with economic stability. The chapter also highlights the government's fiscal rules and their impact on long-term growth, particularly in light of upcoming forecasts and the necessity for responsible fiscal management.