This week's bruising Commons exchange between the Chancellor, Rachel Reeves, and the man she replaced at the Treasury, Jeremy Hunt, is just the opening encounter in what promises to be a long running parliamentary battle over the state of the public finances. MPs can expect to be asked to approve extra spending estimates in the autumn, and there'll be a Budget and a full-scale Comprehensive Spending Review as well. But why were MPs asked to approve £1.04 trillion in extra spending in July, witho
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