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Burnham’s Pension Savings Swamped By Hidden Spending Pressures

Source: Bloomberg

Fiscal Policy & BudgetElections & Domestic Politics

UK Prime Minister Andy Burnham is set to outline a 10-year plan to "make this country work for you again," but the proposal is reported to contain an £85 billion ($113 billion) funding shortfall. The undeclared fiscal gap raises material questions about the credibility, financing and potential tax or borrowing implications of Labour's policy agenda.

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