Starmer calms business fears over budget as Reeves prepares to announce debt rule change - UK politics live

By The Guardian | Oct 24, 2024 at 04:05 AM EST

UK PM aims to reassure businesses and investors as Chancellor Rachel Reeves prepares for Labour's upcoming budget announcement. Reeves is expected to change the official definition of debt to Public Sector Net Financial Liabilities (PSNFL) to allow more borrowing for long-term investments.

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