OBR: Vulnerable UK faces "daunting" threats to stability of public finances after welfare climbdown

By Yahoo! Finance   |   1 month ago
OBR: Vulnerable UK faces "daunting" threats to stability of public finances after welfare climbdown

Labour's policy shifts on welfare reform and winter fuel payments have weakened the UK's economy, making it susceptible to energy crises and long-term challenges like an ageing population and climate change. The OBR report highlights the government's failure to address the deficit and warns of mounting fiscal risks.

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