Reported 1 day ago
Rachel Reeves will announce significant spending cuts in her upcoming spring statement to the House of Commons, aimed at correcting the fiscal miscalculations following her initial budget. With a tight economic margin overshadowed by rising borrowing costs and poor growth forecasts, she is under pressure to restore credibility and stability in public finances, all while facing opposition from her own party on proposed welfare cuts and previous austerity measures.
Source: YAHOO