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The Guardian - UK
The Guardian - UK
National
Phillip Inman Economics editor

Is austerity over? Will farmers lose out? Six big questions about Rachel Reeves’s budget

Reeves on budget day last week holding the traditonal red budget box
The chancellor, Rachel Reeves, before she delivered the first Labour budget for almost 15 years. Photograph: Paul Marriott/Shutterstock

Labour’s first budget in almost 15 years marks a radical departure with past constraints on investment spending. New rules allow long-term planning and introduce safeguards governing how the extra cash is spent. But what are the more immediate implications?

Will the budget kickstart growth?

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