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UK: HIGHER TAXES OR GROWTH NEEDED TO REACH FISCAL TARGETS GIVEN SPENDING PRESSURES

Post Date: 29 November 2023
#Opinion
#Inflation
#United_Kingdom
#GBP

The UK’s debt-to-GDP ratio is set to rise above official forecasts given continued pressure for more welfare and government spending. We expect debt to gradually increase towards 110% by 2028, broadly in line with France.

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