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That borrowing was known well before the mini budget and didn't spook the markets. I don't think the tax cuts for the rich really bothered the market either (b
by MattPalmer1086 4y ago
That borrowing was known well before the mini budget and didn't spook the markets. I don't think the tax cuts for the rich really bothered the market either (bad politics, but small amounts of money relatively).
The real issue as far as I can see was that none of it was costed and they had no analysis by the OBR. It just looked entirely shady and planned on a napkin.