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21st Oct 2024 10:13UKDaily Monitor

  • We expect the Chancellor to raise government investment by £24B in 2028/29 in the Budget.
  • Ms. Reeves will change the fiscal rules to allow more borrowing to fund the extra investment.
  • We expect the Chancellor to target public sector net liabilities falling relative to GDP.

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Keywords for: 22 October 2024 UK Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence