Raising Questions About Rachel Reeves Fiscal Rules That May Lead to More Pain

6th March 2025

Economist and others have been questioning the fiscal rules set up by Rachel Reeves which if rigorously applied may lead to more cuts and raised taxes.

The fiscal rules are self-imposed restrictions on government spending. They are not set in stone and can be changed.

Highlighting the issue yesterday Richard Murphy on his blog once again begged the question when referring to a Resolution Foundation meeting. See it HERE

6 March 2025
The Independent Newspaper sets out the issues -
[url=https://www.independent.co.uk/news/uk/politics/rachel-reeves-fiscal-rules-uk-spring-statement-ifs-b2709870.html]Rachel Reeves has set herself a fiscal trap ahead of spring statement, economists warn[/url]