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central_bank

Healey urged to be bold on borrowing in first test of Burnham’s growth pledge

·The Guardian

Newly appointed Chancellor John Healey is being advised to take bold action on borrowing as he prepares to deliver his first budget in just 12 weeks. This move would be a test of the government's pledge to boost economic growth. If Healey decides to exploit flexible fiscal rules or borrow from markets, it could have significant implications for the UK's economy and markets, potentially leading to increased government spending and a more aggressive economic stimulus.

Read the source report: The Guardian

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