Chancellor Reeves Faces Mounting Economic Challenges
Rising borrowing and inflation complicate fiscal policy decisions
Chancellor Rachel Reeves is confronting escalating economic difficulties as borrowing increases and inflation remains high.
The recent contraction in the UK economy adds to the pressure, potentially necessitating tax hikes in the upcoming autumn budget to address the fiscal shortfall.
The recent contraction in the UK economy adds to the pressure, potentially necessitating tax hikes in the upcoming autumn budget to address the fiscal shortfall.
