
Macro - Weekly Briefings - United Kingdom
Description
Macro - Weekly Briefings - United Kingdom
UK Chancellor Rachel Reeves confirmed that she would make material changes to the fiscal rules in order to boost public investment. A move to targeting a fall in public sector net financial liabilities over the course of the parliament looks likely. But we expect Reeves to keep a decent amount of room against her new debt rule to mitigate market concerns about higher borrowing.
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