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24th Oct 2024 20:19UKWeekly Monitor

  • Rachel Reeves’ loosening of fiscal rules will likely mean £24B per year more borrowing for investment.
  • Markets will likely still see the new fiscal rules as credible, avoiding a ‘Liz Truss’ moment...
  • ...as Chancellor Reeves’ focus on the current budget deficit shows commitment to sustainable policy.

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Keywords for: 28 October 2024 UK Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence