Welfare cuts, defence and public spending: key takeaways from the spring statement – video
Rachel Reeves has confirmed deep cuts to welfare and public services, along with billions of pounds in long-term investment aimed at growing the economy, as she delivered a spring statement to ensure her fiscal targets were still being met. The chancellor said her measures would ensure a predicted £4.1bn hole in the public finances within five years would be turned into a £9.9bn surplus
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Spring statement: Rachel Reeves announces deep cuts to welfare and public services
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Odds of Bank of England interest rate cut strengthen after inflation falls to 2.8%
