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Evening Standard

Politics

Nicholas Cecil and Jonathan Prynn

Budget 2024: Minister reassures City that tax and spend 'guardrails' will avoid Trussonomics chaos

Budget James Murray Rachel Reeves Economy The National Audit Office

The Labour government is stressing the “guardrails” at the heart of its tax, borrow and spend plans as it tried to reassure the City in the run-up to the Budget.

Treasury minister James Murray sought to ram home this message when he appeared on the Friday morning media round for the Government.

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