Rachel Reeves Prepares UK Spending Cuts Forced by Budget Call Gone Wrong
When Rachel Reeves rises to the dispatch box in the House of Commons on Wednesday to deliver her spring statement, the Chancellor of the Exchequer aims to fix a risk of her own making that backfired after her inaugural budget: leaving too small a buffer against her self-imposed fiscal rules.
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Rachel Reeves is set to outline more than £10bn of spending cuts in next week’s Spring Statement in a bid to fill a fiscal hole caused by sluggish growth and higher borrowing costs.
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The House on Friday took advantage of Senate typos — a few errant decimal points — in a bill and sent to Gov. Tate Reeves the ...
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