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UK's Reeves says she will change government debt rules to boost 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.
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’
Chancellor to change debt rules to release billions
The government will change its self-imposed debt rules in order to free up billions for infrastructure spending, the chancellor has told the BBC. Chancellor Rachel Reeves said that there will be a technical change to the way debt is measured which will allow it to fund extra investment.
Reeves Says UK Fiscal Rule Change Will Increase Investment
UK Chancellor of the Exchequer Rachel Reeves confirmed that she would make tweaks to her fiscal rules to allow more borrowing for investment, as the new Labour administration seeks to boost economic growth.
Starmer calms business fears over budget as Reeves prepares to announce debt rule change - UK politics live
Officially Rachel Reeves, the chancellor, will unveil Labour’s first budget (and probably the most important of the whole parliament) on Wednesday next week. But in practice budget announcements are now two-week news events,
'We must change the way we measure debt' - Reeves
Rachel Reeves is due to deliver Labour's first Budget in 14 years on 30 October, and warned it would involve "difficult decisions". She also told the BBC's Faisal Islam that Britain needs to "get a grip" on the asylum budget to free up resources.
4h
Trump ignites spat with US ally, accusing UK’s governing party of election interference
Donald Trump’s campaign has accused Britain’s governing party of “blatant foreign interference” in the US presidential ...
12h
UK Budget Fears Push Owners to Close Firms to Avoid Tax Hikes
Thousands of solvent UK business owners are winding up their companies, allowing them to avoid an expected increase in levies ...
11h
UK gilt yields rise after report on change to fiscal rule
Yields on British government bonds climbed on Thursday after a newspaper said finance minister Rachel Reeves was set to give ...
6h
Farage calls on Tory councillors to join Reform UK
Nigel Farage has called on Conservative county councillors to defect to his Reform UK party. In a letter obtained by the BBC, ...
6h
on MSN
Google's partnership with AI startup Anthropic faces a UK competition investigation
Britain’s competition watchdog said Thursday it's opening a formal investigation into Google’s partnership with artificial ...
7h
BOE’s Mann Warns UK May Have Cut Interest Rates Prematurely
Bank of England rate-setter Catherine Mann warned that the UK may have prematurely cut interest rates if there have been ...
6h
on MSN
Scotland disposable vape ban delayed to bring it in line with UK
A ban on selling single-use vapes in Scotland has been postponed by two months to fall in line with the rest of the UK. New ...
7m
UK government proposes more powers for soccer regulator to combat rogue owners and a Super League
MANCHESTER, England (AP) — The U.K. government has introduced strengthened powers for a proposed soccer regulator to tackle ...
9h
Lawyers and MPs warn UK workers’ rights push will fail without enforcement reforms
Former employment lawyer Jon Pearce, now MP for High Peak, agreed that delays in the tribunal system were a “huge concern” ...
8h
Who do you want to win The Voice UK final?
The coaches have picked their favourite act to win the contest, so who do you want to win and what can we expect from the ...
13h
UK Bonds Diverge From Major Peers as Next Week’s Budget Looms
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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