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On Wednesday, Rachel Reeves carried out £ 14 billion on Wednesday on tense public finances in the UK to restore the government's fiscal “light room” and maintain its “unegeothabitable” budget rules.
Chancellor Notification in the spring statement It included great cuts on the well -being and pressed everyday expenses of the Whitehall Department later in Parliament.
Reeves, who told Members that her statement took into account the “world that changes before our eyes” stopped raising taxes. However, analysts warned that it could be forced to announce a new increase at the end of this year.
Here are the main roads with them from the spring statement.
Reeves renewed the government fiscal room for maneuvering against its current budget rule.
Recently, however, still has one of the lowest margins.
While growth forecasts for this year have been reduced to half, the budget liability Office is more optimistic for later years.
However, fiscal predictions may prove to be optimistic.
