.
They’re not getting the deficit down. They’re already planning on borrowing extra 140bn over the parliament. I reckon if Reeves borrowed even another 20bn or so more the markets would’ve had another truss meltdown moment. As it was borrowing rates just crept up gradually so basically any wriggle room/buffer has probably gone. Really not sure how much more you’d want to borrow and spend in the short term
The focus for the electorate will be has the additional borrowing and tax been spent wisely and in conjunction with other decisions made by the government, have they improved the lives of a majority of people or not.
It does take two to tango considering which government presided over big cuts to policing. The good news is that at any time this government can wake up and try to do something transformative with the huge majority it's got.
All I see happening at the next election is Starmer going 'ah, but we got the deficit down!' as Farage walks into No. 10.
They’re not getting the deficit down. They’re already planning on borrowing extra 140bn over the parliament. I reckon if Reeves borrowed even another 20bn or so more the markets would’ve had another truss meltdown moment. As it was borrowing rates just crept up gradually so basically any wriggle room/buffer has probably gone. Really not sure how much more you’d want to borrow and spend in the short term
The focus for the electorate will be has the additional borrowing and tax been spent wisely and in conjunction with other decisions made by the government, have they improved the lives of a majority of people or not.