Jump in UK borrowing shows Rachel Reeves needs to relax her strict budget rules
by Phillip Inman from Economics | The Guardian on (#6XF3Q)
As pressure grows on chancellor to rethink constraints she imposed on herself, No 10 adds to her problems
There is mounting pressure on Rachel Reeves to relax her budget rules and to prepare the ground by telling voters in the next few weeks.
The latest public borrowing figures for April, which show a rise above most City forecasts, indicate that the chancellor will struggle to stay within the constraints she imposed on herself at last year's budget.
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