The new UK prime minister’s agenda is being curtailed by tight fiscal rules and a commitment not to raise major taxes. The article suggests an understated Autumn Budget is increasingly likely, implying limited near-term fiscal stimulus and a more cautious policy outlook.
The new UK prime minister’s agenda is being curtailed by tight fiscal rules and a commitment not to raise major taxes. The article suggests an understated Autumn Budget is increasingly likely, implying limited near-term fiscal stimulus and a more cautious policy outlook.
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mildly negative
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