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Opening remarks to post-Budget 2018 analysis


These remarks were delivered at the IFS presentation following the Autumn Budget 2018.

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HM Treasury
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Government borrowing this year will reach a level never before seen in the UK outside of the two world wars of the 20th century. If that were just a one-off hike in borrowing to deal with the current crisis, it needn’t be cause for undue concern; but higher borrowing will be with us for some time ...