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Some good news, some bad, in the UK’s pre-budget report

This article was originally published in Clinica

Executive Summary

This week’s pre-budget report (PBR) in the UK sought to strike a balance between cutting costs, to shrink massive debt, and stimulating growth. There were calls from opposition parties to make deeper cuts and complaints from UK industry that an increase in national insurance was a further tax on jobs that would damage growth.

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