Rachel Reeves Faces Scrutiny Over Potential Changes to Debt Rules

Economists warn that altering fiscal definitions may offer short-term relief but won't address long-term debt challenges.

Reeves considers redefining public debt to create fiscal headroom ahead of the October Budget.
The Institute for Fiscal Studies cautions against 'fiscal jiggery-pokery' that could obscure actual borrowing levels.
Adjusting debt measures to include Bank of England operations could unlock up to £25bn.
Experts argue that focusing on investment spending could provide sustainable growth.
Political ramifications loom as credibility and adherence to fiscal rules are questioned.