Rachel Reeves has 'paralysed' the economy with her chaotic Budget countdown
# Rachel Reeves has 'paralysed' the economy with her chaotic Budget countdown
Ex-Bank of England chief Andy Haldane has criticized Chancellor Rachel Reeves, claiming her uncertain fiscal planning is stalling economic progress, just days ahead of an anticipated budget announcement.
In an analysis published in The Sunday Times, Haldane described Reeves's handling of the economy as a "fundamental precursor to economic growth." His remarks underline the desperation for coherent fiscal policy at a time when the nation's financial stability is hanging by a thread.
Tory leader Kemi Badenoch echoed Haldane's concerns, suggesting that Reeves must "have the balls" to deliver a pragmatic budget that confronts the pressing economic challenges instead of opting for vague policies.
The mounting pressure on Reeves comes as speculation grows regarding the government's strategies to combat rising inflation and support struggling households. With the financial landscape increasingly volatile, her upcoming announcement is seen as crucial for restoring confidence among businesses and consumers alike.