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Evening Standard
Evening Standard
Politics
Nicholas Cecil

Budget 2024: Chancellor Rachel Reeves to go on '£20 billion' investment spree in UK through higher borrowing

Rachel Reeves will seek to fund around £20 billion a year of extra investment in Britain with increased borrowing, it was reported on Thursday.

The Chancellor is set to tear up her fiscal rules, to allow her to borrow more long term, while also imposing stricter limits on in year spending.

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