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Increases to tax and utilities as CM seeks to rebalance books with tough budget

Chief Minister Fabian Picardo announced increases to taxes and utilities on Tuesday as he delivered a tough budget aimed at tackling a £55m deficit in public finances in 2020/21 and Covid-19 borrowing that this year alone was double the forecast amount at £135m. As net borrowing rose to a forecast £652.9m, Mr Picardo said the...

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