UK Think Tanks Advocate Fiscal Rule Overhaul Post-Election

Economic experts urge the next UK government to revise fiscal policies to boost growth and manage public debt effectively.

Think tanks warn of inevitable tax hikes and constrained public investment unless fiscal frameworks are reformed.
Current fiscal rules may hinder necessary spending on infrastructure and the green economy, stifling growth.
Experts predict modest economic growth of 0.8% in 2024, highlighting the need for policy flexibility.
Proposed fiscal changes aim to support long-term objectives like regional equality and environmental sustainability.
Financial analysts suggest that well-justified borrowing could be well-received by markets, despite past volatility.