In her first budget, the chancellor faces a minefield of risks
- Written by Steve Schifferes, Honorary Research Fellow, City Political Economy Research Centre, City St George's, University of London
Ahead of the new government’s first budget on October 30, chancellor Rachel Reeves has revealed her determination to change borrowing rules that will allow her to boost investment spending.
The overriding goal of the government is to promote economic growth, after more than a decade of stagnation in living standards. In the long run, boosting...