Burnham’s Fiscal ‘Flexibility’ Could Backfire, Officials Fear

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.

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.
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Bloomberg — Markets (EN)




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