Rachel Reeves said the Government would put “guardrails” in place as it changes how debt is measured
Rachel Reeves will rewrite the government's rules surrounding borrowing in next week's budget to allow her to increase public investment by around £50bn. Ms Reeves said she faced difficult choices but insisted her first Budget would “begin to fix the NHS and start to rebuild our economy”. The Chancellor told ITV: “Our second rule, our investment rule, will change the way in which we measure government debt so we take into account our assets not just the costs of investment.
warns people claiming £3,900 Pension Credit to avoid this mistake The Chancellor told Sky News: “We will measure debt differently but of course we’ll put guardrails in place to ensure that every pound of taxpayers’ money spent is spent wisely, and we’ll involve the National Audit Office and the Office for Budget Responsibility in that.
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