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Can Reeves afford to help Brits with 'Trumpflation'? Government's February borrowing was highest outside Covid as spending and debt interest outweighed soaring taxes
Rachel Reeves is facing doubts over whether she can afford to help Brits with 'Trumpflation' today after grim government finance figures. Government racked up the highest February borrowing on record outside of Covid at £14.3billion - far more than analysts had expected. Bumper spending and debt interest payments outweighed a spike in revenues from Labour's huge tax raids. [...]