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Rachel Reeves’s fiscal rules buffer should be ‘significantly larger’, say peers

UK is on a path to unsustainable debt levels,” the report says. “These issues should be of paramount concern for the government, not least because the last few decades have repeatedly shown that crises occur

UK borrowed bigger than forecast £24.3bn in April as inflation adds to benefits bill

concern over the Iran war and political uncertainty adding to debt costs. The [Office for National Statistics (ONS)](https://www.ons.gov.uk/economy/governmentpublicsectorandtaxes/publicsectorfinance/bulletins/publicsectorfinances/april2026) said public sector net borrowing – the difference between government spending and income

Boosting military spending by slashing welfare is not the answer, senior Labour figures warn Reeves

concerns that any more would be unaffordable. On Wednesday, Keir Starmer said he did not agree with the comments from Robertson, a former Labour defence secretary who [co-authored a defence review](https://www.theguardian.com/politics/2025/jun/02/strategic-defence-review-key-points-threats-new-weapons-more-troops)