Budget gossip and U-turns to blame for UK’s weak growth, says ex-Bank chief economist

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Andy Haldane has called for the process to be overhauled to prevent Budget leaks that can damage the economy

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Speculation over the upcoming Budget is partly to blame for weaker-than-expected economic growth figures as worries over tax hikes hit business and consumer spending, the former top economist at the Bank of England has warned.

Budget gossip and U-turns to blame for UK’s weak growth, says ex-Bank chief economist

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