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The Independent UK
The Independent UK
National
Henry Saker-Clark

Chancellor’s mini-budget to pile on debt interest, warns Tony Blair Institute

PA Wire

The mini-budget unveiled by the Chancellor last week will pile on higher debt interest but only grow the economy by 0.1% each year until 2027, experts have warned.

New research by the Tony Blair Institute for Global Change (TBI) and Oxford Economics claims the economy will only be 0.4% larger by 2027 than it would have been without the tax cut package.

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