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Home Publications Introductory remarks to 'Autumn Statement 2014: IFS analysis' event on 4 December 2014

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Conservatives and Labour happy to borrow to invest, but their commitments to run a surplus on the current budget leaves little room for further net giveaways
The Chancellor and Shadow Chancellor have both outlined the fiscal targets that they would seek to adhere to. Mr Javid has chosen to adopt a forward-looking rolling target aimed at current budget balance. In other words, day-to-day spending could not exceed total revenues. This is very similar in ...
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