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Trick or Treat: The OBR's View of Reeves's Big Plans

Bloomberg UK Politics

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Analysis of Increased Government Spending and Economic Implications

This chapter examines the recent increase in UK government spending by £70 billion annually, equating to approximately £1,000 per person. It explores the implications of this rise amidst enduring austerity measures, including the necessity for higher taxes and borrowing to enhance public services.

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