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Thursday briefing: Sunak elects to 'go long' with support then taxes

Top story: ‘Extraordinary economic situation’ Good morning – Warren Murray with your know now, rather than later briefing. Rishi Sunak has brought down a spend now, pay later budget that combines life support for the economy with the biggest tax increases since 1993. The chancellor said he would “go long”– extending many pandemic support measures, including furlough, until the end of September at a cost to the Treasury of £65bn. But two years in...

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