UK Treasury officials are concerned that the prime minister’s talk of using “flexibility” within the fiscal rules to ramp up investment could backfire by destabilizing financial markets, according to people familiar with the thinking.
Burnham’s Fiscal ‘Flexibility’ Could Backfire, Officials Fear
UK Treasury officials are concerned that the prime minister’s talk of using “flexibility” within the fiscal rules to ramp up investment could backfire by destabilizing financial markets, according to people familiar with the thinking.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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