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Healey expected to set £15bn fiscal headroom with £5bn in tax hikes
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City AM
Healey expected to set £15bn fiscal headroom with £5bn in tax hikes
John Healey will set his fiscal headroom at a minimum of £15bn, City analysts have predicted, although closer attention will be paid to the Chancellor’s spending restraint. Economists at major banks are anticipating Healey’s buffer against the main fiscal rule to shrink slightly. The borrowing rule states that day-to-day government spending should at least match projected [...]
27 Oct, 12:19
FT UK
Treasury open to smaller fiscal headroom to reduce UK tax hikes
Investors signal Budget buffer could fall from the £23.6bn forecast to around £14bn without spooking gilt market
23 Sept, 21:00
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