The problem that Reeves had to deal with in her November 2025 budget was how to reverse the increasing likelihood of Reform becoming the largest party in the 2029 general election. On this measure the budget will most likely be a failure. While we can all feel a sense of relief that she has, under … Continue reading Can Reeves’ Budget Save Labour?—Editorial
Abba Lerner
Rachel Reeves’ Budget Dilemma – Households and Governments—Editorial
Rachel Reeves will deliver her second budget on 26th November, facing a serious dilemma of her own making. By adopting two strict fiscal rules that limit government spending without tax rises, and simultaneously pledging not to increase taxes on working people during this parliament, Reeves has boxed herself into a narrow and politically dangerous corner.When … Continue reading Rachel Reeves’ Budget Dilemma – Households and Governments—Editorial