Tag Archives: Borrowing Money

Chancellor Rachel Reeves has been warned by official forecasters that she is on course to break her own ‘fiddled’ Budget rules – paving the way for spending cuts or more tax rises. It was reported yesterday that the Office for Budget Responsibility (OBR) has downgraded its UK growth outlook, resulting in the loss of nearly £10 billion in ‘headroom’.Continue reading “Chancellor And Executioner: A Recession Is Looming In Britain Today”