UK's Reeves Needs £50 Bln Buffer to End Tax Hikes: IFS
Bloomberg Television·2025-10-16 05:46
Lizzy, this is a question you put this question to the Chancellor before why she's given herself once you gave us such small fiscal headroom, and now the IFS is underscoring just how much that needs to be expand in the years ahead. What are the consequences if she doesn't do this. I'm glad you remember that, Tom.Of course, we've had two fiscal events so far. This government, the last autumn budget and the spring statement, and both the chancellor left herself a razor thin margin of £9.9% billion. And becaus ...