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Portrait of the week

Portrait of the week

18 March 2023

9:00 AM

18 March 2023

9:00 AM

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Jeremy Hunt, the Chancellor of the Exchequer, delivered what he called a ‘Budget for growth’. He abolished the cap on savings for tax-free pensions and promised help with childcare costs. The Office for Budget Responsibility forecast a fall in inflation to 2.9 cent by the end of 2023 and a fall in GDP of 0.2

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