John Redwood said the Chancellor’s response on inflation lacked substance, arguing it omitted rising public sector wage and cost pressures and the impact of higher spending. He pointed to UK borrowing plans of £275 billion this year, with £478 billion in 30-year interest costs.
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John Redwood said the Chancellor’s response on inflation lacked substance, arguing it omitted rising public sector wage and cost pressures and the impact of higher spending. He pointed to UK borrowing plans of £275 billion this year, with £478 billion in 30-ye
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