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Specification:
Click to read the article and then answer the questions:
How boxed in is Rachel Reeves by UK’s fiscal outlook?
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Identify two factors which are contributing to a worsening fiscal outlook
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With reference to chart one, compare successive governments’ fiscal headroom during the period shown
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“Stronger economic growth would undoubtedly help the public finances”. Explain this statement
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“Tougher spending limits (in day-to-day departmental spending) seem probable . . . Ministers are also considering ways of curbing welfare payments.” Analyse the potential effects of these policy options on the real economy
Gavin Clarke, Emmanuel College