Economists have urged Rachel Reeves to loosen the purse strings – here’s why it’s not that easy
- Written by Alan Shipman, Senior Lecturer in Economics, The Open University
A group of economists has publicly urged chancellor Rachel Reeves to reverse her stance on public investment, and relax the Treasury rules that constrain it. They argue in a letter to the Financial Times that low investment is the root cause of Britain’s productivity stagnation, and that the government must invest more to enable private...