💨 Abstract

British Finance Minister Rachel Reeves plans to introduce "guardrails" to manage additional borrowing for investment in her first budget, aiming to reassure investors about an expected rise in public debt. The Labour government, led by Prime Minister Keir Starmer, is set to increase investment in areas like infrastructure and the transition to a net-zero economy. Reeves will ensure investment boosts growth, with scrutiny from the Office for Budget Responsibility and the National Audit Office.

Courtesy: theprint.in