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2017-03-29 13:43:00
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    • 2017-03-29 13:43:00
    2017-03-29 13:43:00
    During his last Autumn Statement, Chancellor of the Exchequer Philip Hammond conceded that Brexit will blow a £59 billion black hole in public finances. The Office for Budget Responsibility (OBR) announced at the time that there would be a cumulative £122 billion of extra borrowing over the next five years, £59 billion of which will occur as a direct result of the vote to leave the EU. Hammond told the House of Commons:
    Source: www.indy100.com
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    During his last Autumn Statement, Chancellor of the Exchequer Philip Hammond conceded that Brexit will blow a £59 billion black hole in public finances. The Office for Budget Responsibility (OBR) announced at the time that there would be a cumulative £122 billion of extra borrowing over the next five years, £59 billion of which will occur as a direct result of the vote to leave the EU. Hammond told the House of Commons:

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