Jeremy Hunt's Plan to Fix the UK Economy is Not Going to Work, according to the Bond Market
Government spending will exceed revenues in 2021. In 2022, the budget deficit will decrease, but it will rise again in 2023 and 2032. The CBO projects that the deficit will be 4.1 percent of GDP in 2021, 3.7 percent in 2022, and 6.1 percent in 2032.