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IFS tells Hammond to spend billions in order to end austerity
Lamiat Sabin - 11 February 2019
PHILIP HAMMOND will have to spend billions of pounds more if he truly wants to end austerity, according to an economic think tank.
The Chancellor would have to find an extra £5 billion a year by 2023-24 just to maintain current per capita levels of day-to-day spending across Whitehall departments which do not have ring-fenced budgets, the Institute for Fiscal Studies (IFS) said yesterday... See more