Britain’s finance chief on Wednesday announced a major increase in public spending in what critics have branded a “high-tax, big-spending budget.”
Rishi Sunak, the Chancellor of the Exchequer, said he will increase total departmental spending by £150 billion ($206 billion) by the 2024–25 financial year. “That’s the largest increase this century, with spending growing by 3.8 percent a year in real terms,” he said.
