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Home Publications Autumn Statement 2016: opening remarks

Autumn Statement 2016: opening remarks


This presentation was given at an IFS briefing following the Autumn Statement 2016.

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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 ...