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X @Bloomberg
Bloomberg· 2025-08-06 13:09
UK chancellor Rachel Reeves faces an unenviable trilemma: she wants to hit her fiscal rules, but her options for raising taxes to do so are narrow, and her options for cutting spending are even narrower. So what might the next budget hold? https://t.co/lvVArYGbsC ...
X @Bloomberg
Bloomberg· 2025-07-03 11:10
"Our commitment to the fiscal rules has meant that we can boost investment in our public services"Chancellor Rachel Reeves makes an unscheduled appearance alongside UK PM Keir Starmer, a day after she appeared to cry in Parliament https://t.co/nNjOifqPie https://t.co/8SCGktlkos ...
Reeves: Commitment to Fiscal Rules Can Boost Investment
Bloomberg Television· 2025-07-03 10:48
I want to be clear. We are spending money on taxpayers priorities. But that wouldn't have been possible without the measures that we took in the budget last year.We fixed the foundations and we've put our economy back on a strong footing. Our commitment to the fiscal rules has meant that we can boost investments in our public services. The work that we've already done means that we have recruited 1700 new GP's.We've cut waiting lists and we've delivered 4 million extra appointments in under a year. That's t ...
Starmer Drops Flagship Welfare Reforms to Avoid Defeat
Bloomberg Television· 2025-07-02 06:22
Lizzy, how weakened is the UK Prime Minister now. Well, Tom Keir Starmer faced an ugly choice, didn't he, before this vote. On the one hand, he could have lost a key vote, as you say, and it's not one that he should have struggled to pass.Theoretically, given he's got this huge, historic 165 MP majority. His other choice, though, was to make a U-turn. And it was on this bill, this welfare reform bill, and particularly the contentious part was restricting benefit payments to some disabled people from next ye ...