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Chancellor Rachel Reeves' prestige in tatters as she prepares to ditch her strict 'fiscal rules' designed to safeguard Labour's economic credibility

Chancellor Rachel Reeves' prestige in tatters as she prepares to ditch her strict 'fiscal rules' designed to safeguard Labour's economic credibility
In an attempt to avoid a Liz Truss-style market meltdown, the Chancellor promised at the outset of the Labour Government that public finances would be in balance or surplus by 2030.

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