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.
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