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Rachel Reeves has declared a package of 14 billion pounds to repair the British public finance after weak economic growth, and high debt costs in October only five months after the first budget, hit the country’s financial situation.
Welfare cuts will save £ 3.4 billion, according to the office modeling for budget liability, Reeves, “he said,” he said, “he said,” he said, “he said.
In 2029-30, the day after the expenditures of the department announced the expenditures of the department day by day.
Chancellor, due to changes, the government’s “headquarters” – the financial room for maneuvering will reach the same level forecast for £ 2029-30 and October.
Tax conformance measures are expected to increase by £ 2.2 billion in 2029-30, and the expected reforms of the expected reforms must reduce the borrowed by £ 3.4 billion.
Although capital expenditures are growing, it does not affect the main financial procedure for the reeves aimed at spending daily.
Summer statement is a response to the new collection of new predictions from the OBR confirming that Britain’s financial war is $ 4.1 billion in £ 4.1 billion. He said that OBR, 2025 growth forecast for the forecast, 2 percent, 2 percent of the previous assessment, he said.
Chancellor confirmed that there is no tax increase and defense costs will increase by 2.5 percent of GDP.
Next month, the next month of the insurance contributions, in October, in October, was prejudiced in the first budget of a large increase in the budget.
The measurement rose to £ 2029-30 to increase £ 23.8 billion in fiscal year. In January, it comes to tax increases, including the application of VAT on private school fees entering into force in January.
Chancellor is also fuel, including other tax increase, including capital gains and inheritance taxes on agriculture and business property.
