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Where does the welfare bill climbdown leave UK public finances?

With £6.25bn in planned savings now shelved, the government faces awkward choices on how to plug gapWelfare bill climbdown will have ‘a cost’ at budget, says senior ministerReeves will stay as chancellor, says No 10 after her tears in CommonsKeir Starmer managed to avert a parliamentary defeat over his main welfare bill on Tuesday, but only by removing a central element. So where does the government’s latest climbdown leave the public finances? Continue reading...

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