IMF Warns UK to Keep Budget in Check or Risk Market Revolt
UK Chancellor of the Exchequer Rachel Reeves must stick to her fiscal rules and keep spending under control or risk a market backlash that undermines the government's economic plans, the International Monetary Fund warned.
In its Article IV annual health check of the economy, the world's economic supervisor told Reeves that any additional spending, such proposals to reverse cuts to winter-fuel subsidies for pensioners or ending the two-child benefit limit, will need to be covered by other savings or tax rises.
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