Tom Rees
tomreesjournalist.bsky.social
Tom Rees
@tomreesjournalist.bsky.social
Bloomberg UK economy reporter. Want to get in touch? [email protected]. Views my own.
Reposted by Tom Rees
Here is the real world consequence for Reeves of the lack of growth plan so far:

The chancellor would be left with a £30 billion black hole if her plans were based on up-to-date City forecasts, Bloomberg calculations show

Via @tomreesjournalist.bsky.social

www.bloomberg.com/news/article...
Faltering UK Growth Risks £30 Billion Hole in Reeves’ Budget
Chancellor of the Exchequer Rachel Reeves would be left with a £30 billion ($36.7 billion) black hole if her plans were based on up-to-date City forecasts instead of the UK’s official growth projectio...
www.bloomberg.com
January 18, 2025 at 8:59 AM
Bailey playing down the wage surprise and the MPC's new judgement that the labor market is now in balance felt pretty dovish to me. Any reason to dismiss those?
December 20, 2024 at 10:42 AM