IFS Warning to Chancellor Rachel Reeves
The Institute for Fiscal Studies (IFS) has warned Chancellor Rachel Reeves that she must raise at least £22bn to restore her "tiny" headroom at the upcoming Autumn Budget.
Reeves must plug £22bn fiscal hole to avoid ‘limping from one forecast to the next’
The IFS emphasizes the need for this significant increase to prevent a fiscal crisis.
Author's summary: Chancellor Reeves faces a £22bn fiscal hole.
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