British finance minister Rachel Reeves said on Saturday that she would take action to ensure that the government meets its fiscal rules announced in October’s budget.
“Those fiscal rules that I set out in the budget in October are non-negotiable and we will take actions to ensure that we meet those fiscal rules,” Reeves told reporters during a trip to Beijing.
Asked if she would use a budget update on March 26 to help rebuild the government’s headroom over those rules, Reeves said: “I committed just to have one budget a year and that budget will be in the autumn.”