5min chapter

The New Statesman | UK politics and culture cover image

Budget 2024: Will Labour's gamble pay off?

The New Statesman | UK politics and culture

CHAPTER

Government Spending and Economic Challenges

This chapter examines the risks of rapid government spending increases, focusing on infrastructure investment efficiency and skilled labor availability. It also discusses the market's reaction to fiscal rule changes and the implications of heightened national insurance contributions on wages and living standards.

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