Reeves warns Labour figures against ‘peddling idea’ of ditching fiscal rules
by Pippa Crerar and Rowena Mason from World news | The Guardian on (#70CQM)
Chancellor tells party conference that higher borrowing to pay for public services risks serious damage to the economy
Rachel Reeves has warned Labour figures peddling the idea" the government could abandon fiscal responsibility to free up more money for public spending were dangerously wrong" and risked serious damage to the economy.
In her speech to Labour conference, and in what will be widely interpreted as a criticism of Andy Burnham, the Greater Manchester mayor, she urged the party to be honest" about what calls to borrow more would actually mean.
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