Telegraph
"The significance of this should not be underplayed. The Treasury, it appears, is going to the extent of leaking market-sensitive details of the forecasts in the PBR because, one presumes, it is extremely worried about the market’s reaction to the red book itself. This probably shouldn’t be surprising: we all know full well that the UK is heading into unknown territory when it comes to its fiscal position: total UK net debt is set to rocket from around 50pc of gross domestic product to close to 100pc in the next few years."
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