For instance, the @theifs.bsky.social recommends trialling a ‘traffic light’ system to monitor the public finances against a broader set of 8-10 indicators, rather than chasing uncertain estimates of 'headroom' against fiscal rules. www.bbc.co.uk/news/article...
bbc.co.uk
Rachel Reeves' borrowing rules lead to dysfunctional policymaking, claims IFS
The think tank suggests the chancellor's fiscal rules need to shift the focus from one key figure.
