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How fiscal rules are impeding long-term investments – and what Rachel Reeves can do about it

File photo dated 23/09/24 of Chancellor of the Exchequer, Rachel Reeves taking applause after she addressed the Labour Party Conference in Liverpool. Warnings from the Chancellor about "difficult decisions" ahead of this month's Budget could "dent" confidence for both businesses and consumers, a leading economist has warned. Issue date: Friday October 4, 2024.




Before we get onto the budget and what Rachel Reeves might do to fiddle her fiscal rules and give herself a little more room to spend, I want you to ponder, for a moment, a recent report from the Office for Budget Responsibility (OBR).



Source link : https://news.sky.com/story/budget-2024-how-fiscal-rules-are-impeding-long-term-investments-and-what-rachel-reeves-can-do-about-it-13227758

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Publish date : 2024-10-05 23:01:00

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