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Keep up to dateBy Tom Lowe2021-10-27T05:00:00
Expectations for big spending pledges set low as Sunak seeks to bring down deficit
Rishi Sunak will deliver his third budget this afternoon as the government comes under growing pressure to control rising costs for materials, labour and energy which have hobbled the post-pandemic recovery of construction and many other sectors.
But as the chancellor stands up at the despatch box at 12.30pm, he will once again be speaking to parliament against an apocalyptic backdrop of public finances ruined by successive covid-19 lockdowns.
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