Truss Spending May Contribute to £60 Billion Shortfall, FT Says
This article is for subscribers only.
Follow us at @BloombergUK and on Facebook, and wrap up your day with The Readout newsletter with Allegra Stratton.
The UK faces a £60 billion ($69 billion) shortfall by the middle of the decade from a combination of inflation, the rising cost of government debt and the spending plans of Liz Truss, who is favorite to be named the country’s next prime minister on Monday, the Financial Times reported.