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9th Nov 2022 16:38U.K., Daily Monitor

  • Mr. Hunt needs to find £50B in savings by 2025/26 to meet the target of a falling debt ratio in that year.
  • We expect a third of that consolidation to come in 2023/24; gilt investors will want some upfront progress.
  • Spending cuts will bear more of the strain in the long term, but Mr. Hunt likely will reimpose the NI hike in April.

austerity debt gilt investors savings

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Keywords for: 10 Nov 2022 UK Monitor

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