Larry Williams Drive

Barry Soper: political editor on the state of the Government's finances

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Sinopsis

The Government's finances are expected to hold up and stay strong as strong tax revenue is set to support higher levels of spending.  The Government is reporting a smaller budget deficit and employment figures are contributing to a steady stream of income tax. Political editor Barry Soper says that this data is painting a false picture of what's to come, as inflation is set to peak at 7 percent in the coming months, forcing interest rates up. LISTEN ABOVE    See omnystudio.com/listener for privacy information.