Rachel Reeves’s fiscal rules buffer should be ‘significantly larger’, say peers

A House of Lords committee urged Chancellor Rachel Reeves to establish a 'significantly larger' fiscal rules buffer to address the UK's unsustainable public debt trajectory. Currently at £22 billion, the buffer remains historically low compared to the £30 billion average from 2010 to 2022, raising concerns about future fiscal stability amid ongoing crises such as the conflict in the Middle.

Summary by Glance · The Guardian Australia – Business