The UK government has announced plans to modify its fiscal rules, allowing it to borrow an additional £70 billion. This move aims to provide more financial flexibility in the face of economic uncertainty. The change is expected to benefit both consumers and businesses, as it will give the government room to implement policies that support growth.

Source: https://www.bloomberg.com/news/videos/2024-10-25/uk-to-change-fiscal-rules-to-borrow-70-billion-more