Rachel Reeves Unveils Bold Fiscal Rule Overhaul

Britain's finance minister Rachel Reeves will adjust fiscal rules in her upcoming budget to allow for increased borrowing, aiming to secure an extra 20 billion pounds annually in investment.

In a significant financial maneuver, Britain's finance minister Rachel Reeves confirmed plans to alter fiscal rules in her forthcoming budget.

The Financial Times reported that the changes aim to facilitate an annual investment boost of 20 billion pounds, underpinned by increased borrowing.

This shift underscores a strategic effort to stimulate economic growth amid current financial challenges.

(With inputs from agencies.)