Reeves warns Labour figures against ‘peddling idea’ of ditching fiscal rules

The GuardianMonday, September 29, 2025 at 1:10:51 PM
Reeves warns Labour figures against ‘peddling idea’ of ditching fiscal rules
Chancellor Rachel Reeves has issued a stern warning to Labour party members about the dangers of suggesting that the government could abandon fiscal rules to increase public spending. She emphasized that higher borrowing could lead to serious economic damage, highlighting the importance of maintaining fiscal responsibility. This matters because it reflects ongoing debates within the party about balancing public investment with economic stability, which could influence future policies and voter perceptions.
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