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The Latest Breaking News from PSNFL

Rachel Reeves confirms change to debt rule and warns of higher taxes ahead of Budget

Taxes and borrowing are both set to increase as Rachel Reeves signalled she would rewrite the way government debt is measured in her first Budget ...

The National (Scotland)

Reeves confirms change to debt rule and warns of higher taxes as Budget looms

Chancellor Rachel Reeves insisted her first Budget would pave the way for improved public services and ‘rebuild our economy’.

The Independent UK

Government borrowing costs rise ahead of Reeves’ first Budget

Speculation that Rachel Reeves will change the way debt is assessed triggered a market reaction.

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Key questions over ‘persnuffle’ kerfuffle as Reeves confirms debt rule change

Rachel Reeves could change the measure used for her debt target, potentially giving her billions more to spend at the Budget.

Evening Standard

Jeremy Hunt claims Labour changing debt definition will ‘punish families with mortgages’ – as it happened

Former chancellor says ‘increasing borrowing means interest rates would be higher for longer’ as Reeves says it will ‘make space for investment’

The Guardian - UK

Global economy faces ‘anxious times’, warns IMF; Reeves says stability fiscal rule will mean higher taxes – as it happened

People don’t feel good about economic prospects, admits IMF chief Kristalina Georgieva

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