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
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 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.
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 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.
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.
Budget 2024: Homeowners 'to be hit with high mortgage bills for longer' as Rachel Reeves borrows billions
Homeowners will face higher mortgage bills for longer if Rachel Reeves goes on a borrowing spree of tens of billions of ...
Rachel Reeves: Britain cannot afford to pay Commonwealth reparations demands
Rachel Reeves has warned Britain cannot afford to pay up to £18 trillion in slavery reparations as she prepares to launch a ...
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 ...
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 ...
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 ...
Rachel Reeves ignores '£100bn black hole' and ordinary Brits could be forced to pay
British businessman and author Neil Record has exposed a "hidden" debt that the Government will have to pay back.
Budget 2024: What time will tax-raising Budget speech by Labour Chancellor Rachel Reeves start on October 30?
Chancellor Rachel Reeves will deliver the first Labour Budget in 14 years on October 30. She is the UK’s first female ...