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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...

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