New taskforce Reeves acts to avoid a Truss 'meltdown'
The Guardian|October 18, 2024
Rachel Reeves is trying to ensure her budget plan for a multibillion-pound increase in government borrowing to fund infrastructure projects avoids a Liz Truss-style meltdown in the financial markets.
Richard Partington

Before her tax and spending event on 30 October, today the chancellor is convening the first meeting of a task-force of leading City figures to advise on infrastructure projects. The government will also launch a watchdog to oversee public works and ensure value for money for the taxpayer.

It is understood Reeves is preparing to announce changes in the budget to the Treasury's self-imposed fiscal rules to pave the way for billions of pounds in additional borrowing to finance large public works, including roads, railways, schools and hospitals.

هذه القصة مأخوذة من طبعة October 18, 2024 من The Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 18, 2024 من The Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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