Economics
Fiscal Windfall Set to Help Sunak Relieve U.K.’s Energy Crunch
- Official forecasts expected to make room for extra spending
- Oxford Economics says outlook for borrowing has improved
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U.K. Chancellor of the Exchequer Rishi Sunak has more than enough room to protect households from a sharp rise in energy bills in April and still cut taxes before the next general election, official forecasts are expected to show.