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Healey faces £24bn spending squeeze as inflation puts tax rises in play
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City AM
Healey faces £24bn spending squeeze as inflation puts tax rises in play
Chancellor John Healey is facing a £24bn real terms squeeze on the public purse due to higher inflation and will be forced to hike takes to fund the government’s spending plans, a top think tank has warned. Price growth will peak at 3.8 per cent early next year before a slow return to the Bank [...]
28 Jul, 23:03
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