Richard Hughes, the chair of the Office for Budget Responsibility (OBR) told a cross-party committee of MPs yesterday that "front-loading" on spending means that "quite possibly" projects could cost more in the end.
Mr Hughes also said the pressure the OBR believes could be put on the labour market and other elements by the Government's plans contributed to them predicting higher inflation.
Mr Hughes was speaking to the Treasury Committee less than a week after Rachel Reeves delivered her first Budget as Chancellor.
Last Wednesday, Ms Reeves announced £40bn a year in extra taxes, with money being poured into schools, hospitals, transport and housing.
Denne historien er fra November 06, 2024-utgaven av Manchester Evening News.
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Denne historien er fra November 06, 2024-utgaven av Manchester Evening News.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Hojlund needs to prove his worth to Ruben - Brown
EX-Manchester United defender Wes Brown has suggested that Rasmus Hojlund needs to prove his worth to new head coach Ruben Amorim, thereby negating the need for a potential investment in Viktor Gyokeres.
Ipswich boss McKenna relishing United reunion
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Raducanu takes heart from cup
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Berry'd treasure
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Final farewell to Liam Payne
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Land mines go-ahead
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Social media ban for teens 'on table'
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100,000 forced into poverty by winter fuel cuts
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'Boring Victoria' on mission to improve water quality
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