IFS: Reeves tweaking debt rule won’t change fiscal fundamentals Economics The Chancellor has inherited a very difficult fiscal position, with many public services in need of funding boosts while both the tax burden and national debt stand at their highest level for many decades.
Labour faces £33bn blackhole if it maintains state spending, research suggests Economics Maintaining per person funding in unprotected departments would leave the next government facing a £33bn blackhole, research suggests.
‘Anaemic’ UK growth means Hunt will fail to meet fiscal rules, think tank warns UK Economy The UK will suffer from "anaemic" growth for the foreseeable future meaning the government will fail to meet its fiscal rules, new forecasts suggest.