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Three key economic implications of a Labour govt

Since Labour’s fiscal plans are very similar to the current government’s and as Labour is unlikely to deviate from its manifesto quickly, we doubt we will be ripping up our economic forecasts on Day 1 of a Labour government. That said, if Labour were to win the election and eventually make progress in some of the less detailed areas of its manifesto, this may support our view that the UK’s medium-term prospects are brighter than most realise.

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