UK chancellor Reeves: I’d like more fiscal headroom but that comes with tradeoffs

• Would like more fiscal headroom but it comes with tradeoffs on tax and spending
• Will continue to take action to bear down on prices in budget
• Determined to bring inflation back to target
• Not going to be introducing a wealth tax in the budget, already have taxes on the wealthy
• Current arrangements for OBR forecasts make it hard to have just one fiscal event a year

This article was written by Justin Low at investinglive.com.