Rachel Reeves must rethink how tax and spend decisions are made after welfare U-turn | Heather Stewart

theguardian.com/business/2025/jun/29/rachel-reeves-must-rethink-how-tax-and-spend-decisions-are-made-after-welfare-u-turn

Binary rules and twice-yearly OBR forecasts have turned chancellor’s moves into grim spectator sport
There are many lessons for Labour’s bruised leadership from last week’s embarrassing U-turn on welfare cuts, but one is surely that how – and when – fiscal policy is set is not…

This story appeared on theguardian.com, 2025-06-29 10:16:12.
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