Even if the Chancellor changes the debt rule she inherited from the Tories, this would do “almost nothing” to ease the challenge on public service funding, the IFS said as it released its Green Budget report.
Because of her promise to meet day-to-day spending out of revenues, Ms Reeves would still need to turn to tax rises to avoid spending cuts and meet her pledge to borrow only to invest.
IFS director Paul Johnson said Ms Reeves’ first Budget, which she will deliver on October 30, could be “the most consequential since at least 2010”.
The report, funded by the Nuffield Foundation and using economic forecasting by Citi, analysed the challenges facing the Chancellor.
この記事は The Herald の October 10, 2024 版に掲載されています。
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この記事は The Herald の October 10, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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