‘Iron-clad’ borrowing rules and a slowing economy threaten fresh raids this autumn
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‘Iron-clad’ borrowing rules and a slowing economy threaten fresh raids this autumn
‘Iron-clad’ borrowing rules and a slowing economy threaten fresh raids this autumn
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Policy U-turns by Starmer may leave Chancellor with no option but to raise funds

Chancellor on course to miss targets and spending promises as finances plunge deeper into the red

With public finances deteriorating at speed, a repeat of her maiden Budget is now almost certain

Higher government spending and weaker income tax receipts have led to economic shortfall

By giving in to Left-wing ideology, the Chancellor is making spending promises she cannot afford

Leading economists say the chancellor may have to raise taxes, cut public spending or tear up her fiscal rules