The New Statesman | UK politics and culture

Budget 2024: Will Labour's gamble pay off?

Oct 31, 2024
Ben Zaranko, a Senior Research Economist at the Institute for Fiscal Studies, breaks down Labour's first budget in nearly 15 years. They discuss the £40 billion tax increase's impact on public spending and the NHS. The conversation delves into the risks tied to increased borrowing and the shift toward a social democracy strategy. Zaranko highlights potential long-term benefits of frontloading investment, while also considering the global economic challenges and implications of US elections on UK trade.
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