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United Kingdom: Budget faces limited fiscal flexibility - Nomura

Reported · Written up by our desk · Major Pairs

Nomura’s UK budget preview expects Chancellor Healey, at his first budget on 28 October, to allow fiscal headroom to fall to around £15bn. Following September public finance data, the cash deficit is no longer surprising to the upside.

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Sources

FXStreetUnited Kingdom: Budget faces limited fiscal flexibility - Nomura

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