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Public finances on ‘unsustainable’ path due to spending promises, says OBR

Public finances on ‘unsustainable’ path due to spending promises, says OBR

The UK’s state finances are on an “unsustainable” path due to a raft of public spending promises the Government “cannot afford” in the longer term, the boss of UK’s official forecaster has warned.

It came as the Office for Budget Responsibility said public finances are in a “relatively vulnerable position” amid pressure from recen...

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