Reeves Able to Borrow £70 Billion More Under New Fiscal Rules
Chancellor of the Exchequer Rachel Reeves said she’ll change the fiscal rules underpinning the UK’s spending plans in order to boost government investment, a move that could allow Britain to borrow as much as £70 billion ($91 billion) more over the next five years.
UK finance minister Reeves to change fiscal rules in budget, FT reports
Britain's finance minister Rachel Reeves said she would change the fiscal rules in the budget, and the Financial Times said she would be seeking to fund around 20 billion pounds a year of extra investment with increased borrowing.
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
UK's Reeves says she will change government debt rules to boost investment
WASHINGTON (Reuters) -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.
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
Reeves 'risks hurting pensioners' and shoplifting 'crisis'
Warnings ahead of Rachel Reeves' first Budget, and the soaring cost of theft from shops, lead the papers.
UK finance minister Reeves readies higher taxes and investment in debut budget
British finance minister Rachel Reeves will seek to shift the world's sixth-biggest economy, and Prime Minister Keir ...
Reeves should embrace the freedom of disapproval
If Reeves wants the money, she needs to take the heat for extending the freeze on income tax thresholds, raising fuel duty, adding higher council tax bands, restricting inheritance tax and pensions ...
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Tax raid will stunt growth, Reeves warned
Rachel Reeves’ anticipated raid on capital gains tax (CGT) risks driving investors out of Britain and stunting the economy, ...
UK Bonds Fall as Reeves Opens Door to More Borrowing in Budget
Investors unloaded UK bonds on the risk of a flood of new debt after reports UK Chancellor Rachel Reeves will be looking to ...
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All the changes Rachel Reeves could make for parents in the Budget
With Labour’s first Budget less than one week away, people throughout the country are preparing for the changes that Rachel ...
UK Borrowing Tops Official Forecasts Again as Reeves Readies Budget
In September alone borrowing stood at 16.6 billion pounds, less than a median forecast of 17.5 billion pounds in a Reuters ...
Reeves Mulls Amazon Tax Hike to Aid Bricks-and-Mortar Stores
Chancellor of the Exchequer Rachel Reeves is considering plans to increase taxes paid by online giants such as Amazon.com Inc ...
Budget 2024 latest: Reeves admits ‘taxes will need to rise’ in stark warning to public
Rachel Reeves will announce Labour’s first Budget since coming into power on 30 October, leading one of the most anticipated ...