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Rachel Reeves set to borrow billions for investment
Rachel Reeves set to borrow billions for investment after announcing major change to fiscal rules
Rachel Reeves’ Budget is expected to be a mixed bag, with deep spending cuts and sharp tax rises offset by a debt-funded spending spree of tens of billions
Budget 2024: Chancellor Rachel Reeves to go on '£20 billion' investment spree in UK through higher borrowing
Rachel Reeves will seek to fund around £20 billion a year of extra investment in Britain with increased borrowing, it was reported on Thursday. The Chancellor is set to tear up her fiscal rules, to allow her to borrow more long term, while also imposing stricter limits on in year spending.
UK's Reeves to change debt target to boost public investment
British finance minister Rachel Reeves said on Thursday she would change the measure of public debt that the government targets in next week's budget in order to allow more borrowing for investment.
Chancellor Rachel Reeves confirms government will change fiscal rules
Rachel Reeves: I’ll be setting out two fiscal rules at the budget next week. The first is the stability rule to pay for the spending through tax receipts. That was something that the previous government weren’t even trying to do, let alone able to meet. That’s really important because that’s about the sustainability of the public finances.
Rachel Reeves to rewrite debt rules in bid to free up £50bn in spending
Rachel Reeves will rewrite debt rules in a bid to free up £50bn in spending. Ms Reeves confirmed on Thursday that she will change the way debt is calculated to take into consideration investment spending. The Chancellor said her fiscal rules will ensure that debt falls "during the course of this parliament".
Rachel Reeves's Revolutionary Debt Rule Overhaul
British finance minister Rachel Reeves plans to change how public debt is measured in the upcoming budget to enable increased investment borrowing. While she promises debt reduction, Reeves declines to reveal the new measurement but emphasizes borrowing strictly for long-term investment rather than day-to-day spending.
Rachel Reeves confirms she is changing debt definition in fiscal rules - UK politics live
Chancellor confirms new debt definition, saying it will ‘make space for increased investment’ as Tories claim interest rates will stay ‘higher for longer’
UK govt changes budget rules to borrow more for investment
UK finance minister Rachel Reeves announced Thursday changes to fiscal rules to open up billions for investment in the centre-left government's maiden budget, but warned of tax rises and spending
GB News on MSN
3h
Rachel Reeves accused of declaring 'CLASS WAR' - Labour blasted by ex-Chancellor for planning ideological attack
Labour is engaging in a "class war" by insisting that it wants to help 'working people' when it means the 'working classes', ...
3h
Rachel Reeves to slash Britain's dependency on China by turning to Commonwealth allies
China is the world's leading producer and processor of critical minerals, which are key inputs for electric vehicles, ...
1d
on MSN
Rachel Reeves to spare public sector workers from pensions raid
Rachel Reeves is set to spare public sector workers from a backdoor tax raid on pensions, reports suggest.The Chancellor is ...
16h
Chancellor Rachel Reeves hints at ‘challenging’ Budget in new video
Chancellor Rachel Reeves has hinted at a “challenging” Budget as she prepares to borrow tens of billions of pounds to invest ...
10h
on MSN
Rachel Reeves accused of risking mortgage misery with £50 billion borrowing blitz
Rachel Reeves was accused of risking mortgage misery for millions after rewriting debt rules so she can borrow up to £50 ...
4h
on MSN
Sir Keir Starmer has given us an idea of who he wants to protect in the budget - but is Rachel Reeves on the same page?
As we get to the nuts and bolts of who is going to shoulder the burden of plugging gaps in the public finances, the ...
3h
on MSN
Budget 2024 latest: Reeves admits ‘taxes will need to rise’ in stark warning to public
Reeves admits ‘taxes will need to rise’ in stark warning to public - Chancellor has reiterated that “tough decisions” have ...
4h
Chancellor Rachel Reeves sparks fears of mortgage rate pain after £50billion debt shift
RACHEL Reeves sparked fears of mortgage rate pain last night after ripping up her debt rules. The Chancellor is to change how ...
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