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John Healey has promised to deliver “breathing space” in a video message ahead of his first major fiscal statement, set to take place at 12:30pm.
The Chancellor is expected to announce a range of measures to tackle the cost of living but the spotlight will also be on his tax and spending plans as the government looks to balance the books. Healey has said the world is a “highly uncertain place” and while Britain can’t stop the “shocks” hitting Britiain, he will try to provide “breathing space today, and fresh hope for the future.”
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