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Insurer warns UK businesses that austerity is on the cards as debt threat drives decisions

By 2024-10-17T10:00:00

austerity, budget

‘UK public finances are weak and fiscal policy will start to tighten again from 2026,’ predicts senior economist

The upcoming Autumn Budget on 30 October 2024 will begin a process which will see taxes increased for the next three years, according to Allianz Trade – the trade credit and surety arm of Munich-based insurer Allianz.

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