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Healey Needs £35 Billion to Meet UK Spending Plans, IFS Says

Bloomberg Markets·October 11, 2026·1 min read

The Institute for Fiscal Studies warned that UK Chancellor John Healey must find £35 billion ($46 billion) to meet the Labour government's spending ambitions. The warning comes ahead of the budget later this month. The IFS highlights the significant fiscal challenge facing the government as it seeks to fund its policy agenda while managing the nation's finances.

Read at Bloomberg Markets
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