Brits seem curiously untroubled by Labour’s Budget – at least for now
Spectator (UK)OCT 20 2024
House of Commons Speaker Sir Lindsay Hoyle has criticized Chancellor of the Exchequer Rachel Reeves for publicly disclosing details of the budget prior to its official announcement in Parliament on Wednesday.
Speaking in the Commons on Monday, Hoyle stated that important government policy decisions should be first announced in Parliament, receiving "proper, sustained scrutiny" from elected politicians rather than "American news channels." Hoyle claimed Reeves's behavior was "a supreme discourtesy," and stated that he was "very disappointed."
Attending an International Monetary Fund (IMF) summit in Washington, D.C., last week, Reeves told reporters she would be "changing the way that we measure debt" whilst writing within the Financial Times that her new investment rule would "make space for increased investment" by measuring debt as a proportion of the UK economy.