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Prime Minister Rishi Sunak

Political Fix

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Can the Tories Do That?

The spending plans after the current spending review period will be scaled back. At the moment they are set to remain constant roughly in line with national income that means about 3.6% growth rate per year. If you're taking 1.7 percentage points off that that saves you around £20 billion a year by the end of the period. But all that stuff is very painful and will come with a political price. It's such a big test for Rishi Sunak because we saw this week he's got this great probably quite short-lived unity behind his leadership but as soon as you start to unpick bits of it you can see certain groups will peel off. That's when the markets

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