Are Reeves’ Fiscal Rules Backfiring?

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Rachel Reeves recently changed her spending plans to fit within her own fiscal rules after forecasts suggest they would miss their own strict targets. But if they're being forced to make unpopular cuts by their own rules, why not just scrap them entirely?

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Sources:

Reeves’ Fiscal Rules
https://www.instituteforgovernment.or...
https://www.instituteforgovernment.or...
https://www.bloomberg.com/news/articl...
https://www.instituteforgovernment.or...
   • How Labour Could Redefine "Debt" to Invest...  

OBR Forecast (March)
https://obr.uk/efo/economic-and-fisca...

IfS Response to Spring Statement
https://ifs.org.uk/articles/spring-st...