Reeves warned about budget rules, because OECD calls on the UK to increase tax revenues

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Rachel Reeves has a risk of violating budget rules after leaving the “very thin” financial tampons, OECD called on Britain’s chance to increase tax revenues.

OECD cut the British growth forecasts on Tuesday, and the Labor government called on the UK to increase the efforts to increase the budget armpit room at a time.

Britain’s economicure is weakening, OECD, in the last global worldview, 1.3 percent of the country’s 2025 growth forecast for 1.3 percent to 1.4 percent. The exit will expand 1 percent in 2026, OECD, softer than the previous 1.2 percent forecast, softer.

The OECD, located in Paris, must combine the “a balanced approach” to the state, the target spending incision should be combined with new tax increase measures. These are “distortions” in the tax system, “Measures that increase tax bands as a revaluation of tax ribbons based on the updated property values”.

“The state of public finance is a significant negative aspect for its outlook if financial rules are fulfilled,” the intergovernmental organization. “Currently, a very thin financial buffers can be insufficient enough to provide adequate support without violating the financial rules in the updated negative blows.”

Ministers are tusling Department budgets Next week, the government’s spending review is prejudicing, street descents and the calls of the MPs returned to the planned welfare cuts. If the pressure in the reveves lowers the growth forecasts of the office, especially for budget liability, is likely to increase increasing pressure to the fall budget.

According to the OECD, the British treasury will face more than a higher debt interest rate payments. This in 2026 in 2026 in 2026 in 2026, in 2026, in 2026, in 2026, he predicted the debt of the total government as the share of GDP in the next two years.

“When you have a very high debt to solve all these problems, you need to work on both the income and spending; therefore, to comply with financial rules and maintain financial discipline,” he said.

Inflation will remain The target above This year, in 2026, 3.1 percent, 3.1 percent before leaving 2.3 percent in 2026. However, an informed growth should be able to reduce the main percentage of the United Kingdom in the second quarter of 2026 to 3.5 percent.

“Momentum weakens, the sense of business is worse,” said OECD said the consumer confidence was “depressed.” Meanwhile, research measures of new export orders were taken into account Tariffs looking at the British exports increased Trump Management and Sir Keir Starmer’s Government after the trade pacta after the USA.

“The UK was the fastest growing economy in the G7 for the first three months of this year and interest rates were cut four times, but we know there are more things,” Reveves said. “I am determined to go faster and faster to put more money in people’s pockets through our plan.”