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The Rest Is Money

152. Liberation Day: Will Trump’s Tariffs Kill Reeves’ Growth?

50 min2 april 2025

Steph and Robert speak to Richard Hughes, head of the Office for Budget Responsibility, who has run scenarios on what will happen to the economy as Donald Trump imposes tariffs and the world responds. He also discusses whether the OBR has too much influence over government and stultifies growth, and how Rachel Reeves’ fiscal “headroom” may be wiped out again very shortly.

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