Rachel Reeves warned of growth crisis before make-or-break Budget
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Rachel Reeves warned of growth crisis before make-or-break Budget
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"Rachel Reeves' Budget has been plunged into another crisis just as she prepares to unveil it, with reports that efforts to kickstart the economy with growth have stalled. The chancellor is set to deliver her second Budget on Wednesday, but Britain's leading economic watchdog, the Office for Budget Responsibility (OBR), has reportedly downgraded its forecasts for economic growth until 2029. It came as business secretary Peter Kyle admitted the country is locked in a growth emergency as business"
The Independent covers topics from reproductive rights to climate change to Big Tech, investigating high-profile financial and social stories and producing documentaries such as 'The A Word' focused on American women fighting for reproductive rights. The outlet solicits donations to fund reporters on the ground, emphasizes a paywall-free model, and states that quality journalism should be accessible to everyone and supported by those who can afford it. Rachel Reeves' Budget faces a new crisis as the Office for Budget Responsibility reportedly downgraded growth forecasts through 2029 amid stalled growth efforts, business concerns about taxation, and growing political pressure on the chancellor.
Read at www.independent.co.uk
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