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Marley Miller
@marleygmiller.bsky.social
Associate Director, Politics and Public Policy, Global Counsel. Former economic advisor to Rachel Reeves, Labour 🌹 and Treasury official. Posts mainly about housing, energy and economic policy
215 followers312 following38 posts
MMmarleygmiller.bsky.social

6. As govt increases day-to-day spend (e.g. on higher public sector wages), it's fiscal rule to balance the current budget is more likely to bind. This could leave extra space for investment, so long as it meets 2nd fiscal rule to have debt falling in 5th year of forecast

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MMmarleygmiller.bsky.social

7. It will be interesting to see how the OBR revise their forecast to account for historic changes to investment, including cuts during austerity under the previous govt.

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MM
Marley Miller
@marleygmiller.bsky.social
Associate Director, Politics and Public Policy, Global Counsel. Former economic advisor to Rachel Reeves, Labour 🌹 and Treasury official. Posts mainly about housing, energy and economic policy
215 followers312 following38 posts