Is Rachel Reeves’ 'very thin' fiscal headroom a 'risk' to UK economy?

The OECD has warned that Rachel Reeves’ wafer-thin fiscal headroom poses a significant risk to the UK economy as it cut its growth outlook for Britain in 2025 and 2026. The economic organisation urged the Treasury to “step up” efforts to bolster its “very thin” fiscal headroom, expressing concern that it could cause “significant downside risk” to the UK economy. “Currently, very thin fiscal buffers could be insufficient to provide adequate support without breaching the fiscal rules in the event of renewed adverse shocks,” the OECD said. Read more of the story here 👇 https://www.cityam.com/rachel-reeves-insufficient-fiscal-headroom-poses-risk-to-uk-economy/ Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: www.linkedin.com/company/cityam Produced by: Simon Hunt, Matt Kenyon, Scarlett Wild, Emmanuel Nwosu #rachelreeves #uk #news #politics #politicalnews #economy #economics #finance #financialnews #business #businessnews #uknews #ukeconomy #ukpolitics #oecd