Rachel Reeves Asserts UK Will Adhere to Fiscal Rules Amid Financial Challenges

Reported about 12 hours ago

Chancellor Rachel Reeves has committed to ensuring the UK meets its fiscal rules 'at all times' despite rising borrowing costs and economic challenges. This statement came after significant sell-offs in British stocks and currency, which resulted in increased debt interest costs. The Chancellor is under pressure to stabilize the public finances and is considering reducing public spending, though she has yet to announce this plan. Criticism has also arisen regarding her recent travels instead of addressing the economic issues directly.

Source: YAHOO

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