Rishi Sunak’s Covid-19 package recycled up to £10bn spending – IFS
by Richard Partington Economics correspondent from on (#55SK5)
Chancellor's statement corrosive to public trust' for passing old funds off as new
Rishi Sunak has been accused of repackaging up to 10bn of previously announced government spending to form the backbone of his summer statement plan to save jobs during the pandemic.
Serving the chancellor with a blunt rebuke, the Institute for Fiscal Studies said it was corrosive to public trust" for the government to reallocate old funds and pass them off as new money.
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