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<p>The government is continuing to pursue an ambitious policy agenda to increase sustainable
economic growth and productivity across the economy. This includes making full expensing
permanent, backing the UK’s priority growth sectors and announcing measures to boost
labour supply. Across Spring Budget 2023, Autumn Statement 2023 and Spring Budget
2024 tax and labour market measures increase total hours worked by the equivalent
of more than 300,000 full-time workers by 2028-29.</p><p>Whilst consumers will undoubtedly
welcome lower shop price inflation, government continues to provide the right environment
to help retailers grow, such as by extending Retail, Hospitality and Leisure relief
for 2024-25, a tax cut worth nearly £2.4 billion</p>
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