Walls close in for Rachel Reeves as borrowing shoots up

Chancellor Rachel Reeves’s headroom is shrinking as government borrowing in February exceeded the Office for Budget Responsibility’s (OBR) prediction, new data showed.  Reeves has insisted that financial prudence is key to the government’s economic agenda.  However, the latest data released by the Office for National Statistics (ONS) suggests she has less headroom than expected. The [...]