Capital Economics’s Ruth Gregory sees £10bn of tax hikes, and £7bn of extra borrowing: "Our best judgement is that in order to fund the increase in spending of £22bn outlined by the Chancellor [on Monday], Reeves will raise an additional £10bn a year (0.3% of GDP) via higher taxes and increase borrowing by about £7bn a year (0.3% of GDP). The remaining £5bn will be met by cuts in spending in other areas."