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Budget 2023: why the UK's fiscal watchdog does not share the chancellor's optimism

By Ben M Clift, Professor of Political Economy, University of Warwick

UK chancellor Jeremy Hunt confidently described his first budget of 2023 as a “budget for growth”. He went on to offer a fairly upbeat assessment of both economic performance and future prospects, arguing: “The declinists are wrong and the optimists are right.”

Hunt’s…

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