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Healey Holds Off on Welfare Cuts Sparking UK Spending Questions

Source: Bloomberg

Fiscal Policy & BudgetInfrastructure & DefenseElections & Domestic Politics

UK Chancellor John Healey said the government would not reduce the welfare bill during this Parliament, leaving the funding of policies such as a planned rise in defense spending unresolved. The article gives no spending amounts or timetable beyond the current Parliament.

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