"Relaxing Treasury Borrowing Rules"
This is a news story, published by BBC UK, that relates primarily to Darren Jones news.
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government borrowingBBC UK
•Treasury hints Labour will spend billions on infrastructure
72% Informative
New "guardrails" will allow government to borrow for investment "more efficiently going forward", the Treasury Chief Secretary Darren Jones said.
The admission is the clearest sign yet ahead of the Budget that the government is willing to relax fiscal rules on public spending.
Decision comes as the government faces a backlash from ministers for spending cuts elsewhere.
VR Score
81
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85
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48
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formal
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English
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64
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short-lived
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