"Rachel Reeves is planning to change borrowing rules to free up billions of pounds more in spending for big projects in the upcoming Budget."
"The precise measure of debt which will now be targeted will be finalised in the coming days, with considerations including the exclusion of the Bank of England's losses."
"The government invested 2.6% of GDP on major projects last year, and Reeves aims to reverse previous spending cuts inherited from the last government."
"In fact, Reeves is set to make this self-imposed rule on spending the main way it assesses the financial health of the country, rather than debt."
Collection
[
|
...
]