UK Chancellor of the Exchequer Rachel Reeves defended her fiscal rules and pledged to bring down government borrowing. “They are a robust set of fiscal rules, but it is important that we balance day to day spending with tax receipts and that we get that down as a share of GDP,” Reeves told Bloomberg’s Lizzy Burden on Monday. She was speaking after talks with regulators including the Financial Conduct Authority and the Prudential Regulation Authority in Downing Street.
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2025-03-17
