Rampant inflation could land Healey with £35bn bill, IFS warns

City AM ·
United Kingdom

Soaring inflation could force the Chancellor to commit to more government spending, posing a worse Budget headache than a narrowing fiscal headroom, a top think tank has warned. John Healey might have to top up department budgets by as much as £35bn by the end of the decade to stop the real-terms value of spending [...]

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