Rachel Reeves' Budget Plans Under Fire as OBR Forecast Reveals Deficit Looming

2025-02-12
Rachel Reeves' Budget Plans Under Fire as OBR Forecast Reveals Deficit Looming
Daily Express on MSN.com

The Office for Budget Responsibility (OBR) has delivered a damning verdict on Rachel Reeves' financial plans, predicting a Budget deficit that would shatter a key pledge by the Chancellor. With a commitment to funding day-to-day spending through taxes, rather than borrowing, Ms Reeves' strategy is under intense scrutiny. As the UK's economic landscape continues to evolve, the importance of fiscal responsibility and sustainable budgeting has never been more pressing, with keywords like 'budget deficit' and 'fiscal policy' taking centre stage. The OBR forecast is a significant blow to Ms Reeves' finance plans, sparking concerns over the nation's economic future.

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