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Mood gloomier than at height of pandemic or in 2008 financial crisis as inflation hits household pockets
Higher tax receipts boost government finances
Economists say strong tax receipts give the chancellor more scope to address cost of living crisis
Higher inflation and frozen income tax thresholds undermine attempts to cut tax
Economists warn that Spring Statement benefits older generations at expense of younger graduates
Sunak focuses on banking tax revenues ready for giveaways in run-up to next election
Inflation and higher employment push up UK tax receipts
Head of Caxton, one of world’s oldest macro funds, and Tory donor warns Labour is ‘no longer unelectable’
Chancellor warns tough decisions on interest rates may be needed in coming months
Stronger than expected tax receipts outweigh rising interest payments
ONS data show UK net borrowing nearly half of that in same period the year before
Chancellor’s allies say he acknowledges something will have to be done
Legacy of austerity has left councils struggling to account for spending despite extra pandemic funding
Savings offset in part by higher spending on vaccination programme
Chancellor divides bounty between shoring up public finances and increasing spending on public services
The government has bowed to pressures for higher taxes, predominantly to protect the old
September figures hand chancellor Rishi Sunak a boost ahead of next week’s Budget
Think-tank says there will be little extra money available for UK government departments
Politicians should consider radical alternatives to managing an unpleasant normality
Overall borrowing is slightly down but higher than economists’ forecast
Chancellor Rishi Sunak has announced more than £40bn of tax increases this year, nearly two-thirds of which will be borne by business
Prime minister prepares to defy furious Tory critics over national insurance increase
It is unwise and unnecessary for the UK to return to pre-pandemic levels of public spending in 2022-2023
US consumers remain pessimistic as Delta variant spreads
Public sector net borrowing in July was second highest on record but about half the level of a year earlier
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