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Rachel Reeves Summer Statement – In the graphs


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Rachel Reeves carried out a significant public financial financial work on the UK’s tense public finance to restore the government’s financial “title” and “non-agreeable” budget rules on Wednesday.

Chancellor Ads in the statement of spring In parliament, then Whitehall departments include prosperity and large cuts for a compression of daily spending.

MPs said in a statement, “a world-changing world” account, prevented the removal of taxes. However, the analysts warned that this year will be forced to declare a new increase.

Here are the main roads from the summer statement.

Reeves restored the government’s financial room for maneuvering against the current budget rule.

But still there is one of the lowest edges in recent times.

In case of halving growth forecasts for this year, the office for budget liability is more optimistic for the next years.

Column schedule of growth in true GDP (%) expects OBR to expand the economy in 2025

However, financial predictions can be optimistic.

As% of GDP showing the UK, the current budget balance column schedule was only rarely available budget surplus



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