Fiscal Rules Are Silly but Important as Reeves Has Banged on About Them and Markets Care

Fiscal rules are silly but important as Reeves has banged on about them and markets care

The effect of Liz Truss's mini budget is still being felt, making adherenace to fiscal rules important in a way that's unique to the UK. Though missing them will not really result in Britain sliding into infinite nothingness.

Fiscal rules are silly but important as Reeves has banged on about the

You’re probably tired by now of hearing all about “black holes”. It’s one of those phrases trotted out by journalists in an effort to make economic policy sound a little more interesting. And in some senses it’s a massively misleading image. After all, when people talk about fiscal holes, what they’re really talking about is something rather prosaic: the amount of money it would take for the chancellor not to break her fiscal rules. Those fiscal…

Markets deliver Truss-era warning to Starmer and Reeves as fiscal credibility unravels

July 2, 2025 (Investorideas.com Newswire) Investorideas.com, a go-to platform for big investing ideas, including gold and silver stocks issues market commentary from deVere Group.

Markets deliver Truss-era warning to Starmer and Reeves as fiscal credibility unravels - London Business News

Britain’s bond markets are delivering a stark and immediate warning to Prime Minister Keir Starmer and Chancellor Rachel Reeves, drawing uncomfortable comparisons with the turmoil of the Liz Truss era.… The post Markets deliver Truss-era warning to Starmer and Reeves as fiscal credibility unravels appeared first on London Business News