Rachel Reeves: I'll be setting out two fiscal rules at the budget next week. The first is the stability rule to pay for the spending through tax receipts. That was something that the previous government weren't even trying to do, let alone able to meet. That's really important because that's about the sustainability of the public finances.
Rachel Reeves: I’ll be setting out two fiscal rules at the budget next week. The first is the stability rule to pay for the spending through tax receipts. That was something that the previous government weren’t even trying to do, let alone able to meet. That’s really important because that’s about the sustainability of the public finances.the budget next week. The first is the stability rule to pay for the spending through tax receipts.
Rachel Reeves: I’m really proud to be the first female chancellor in 800 years. A woman has never delivered a budget or had the role of Chancellor of the Exchequer. Now, before I became a politician, I worked as an economist at the Bank of England – I have huge respect for Mervyn King.
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