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Austerity is a false economy

Summary by New Economics Foundation
The fiscal rules are no real reflection of the financial risks the country faces, and cuts may make things worse
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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New Economics FoundationNew Economics Foundation

Austerity is a false economy

The fiscal rules are no real reflection of the financial risks the country faces, and cuts may make things worse

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New Economics Foundation broke the news in on Monday, March 24, 2025.
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