Budget gossip and U-turns to blame for UK’s weak growth, says ex-Bank chief economist

Budget gossip and U-turns to blame for UK’s weak growth, says ex-Bank chief economist

Andy Haldane has called for the process to be overhauled to prevent Budget leaks that can damage the economy

Budget tax rumours causing 'very weak growth' in economy, Bank of England economist warns Rachel Reeves

Ongoing speculation over what will tax reforms included in Chancellor Rachel Reeves's upcoming Budget has resulted in "very weak growth" in the economy, the

Andy Haldane: Budget speculation is hitting growth

Former Bank of England chief economist Andy Haldane has said there is “without a shadow of a doubt” a direct link between feverish Budget speculation and sluggish growth in the UK economy.  In an interview on Sky News on Monday morning, the incoming president of the British Chamber of Commerce (BCC) told Sophy Ridge that “the process has become far too elongated, and far too leaky”.  He slammed the “pretty much daily speculation about the next t…