....Alan Clarke, an economist at Scotia Bank, said it was worrying that the deficit was wider than expected in the early part of the financial year when the last third was already scheduled to see a large deterioration in tax receipts. Phil Shaw, an economist at Investec
, said: “Today’s figures illustrate the challenges confronting the chancellor to manage the public finances, as he is faced with a double whammy of slowing growth and rising inflation on one side and calls for greater expenditure on the other. ...
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Friday 21st of July 2017 11:29:19 AM