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The real problem the chancellor faces is the poor performance of the economy in the long run

Chancellor tries to reset expectations ahead of key economic forecasts from BoE

UK chancellor says lowering cost of borrowing would be crucial moment in shifting country’s economic mood

Decision will come as blow to health secretary, who had been pressing for extra funding

Labour claims policy is an irresponsible and unfunded tax reduction

Chancellor to pledge minimum wage rise and benefit sanctions amid escalating conference row