The Chancellor described the rules as ‘so important’ and said the statement will contain a ‘commitment to spending discipline’
The Chancellor said the fiscal rules, which will include details on the new approach to borrowing, will be credible, convince the markets and bring public spending under control., claiming despite some measures not being universally popular, the Government had “no other choice”.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: