Reeves' Budget headroom could land in negative territory as UK growth forecasts worsen

Resolution Foundation warning

Sorin Dojan
clock • 1 min read

The Resolution Foundation has warned UK Chancellor Rachel Reeves' fiscal headroom could turn into a £5bn deficit by 2029-30, amid a severe deterioration in UK’s economic outlook for the year.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

Reeves nominates ex-MPC member Jonathan Haskel as next OBR chair
UK

Reeves nominates ex-MPC member Jonathan Haskel as next OBR chair

Imperial College London professor

clock 23 June 2026 • 2 min read
Markets pricing uncertainty rather than policy risk after Starmer resignation
UK

Markets pricing uncertainty rather than policy risk after Starmer resignation

Chancellor pick under scrutiny

Michael Nelson
clock 22 June 2026 • 3 min read
SoHo REIT rebrands to Living REIT ahead of request to broaden investment objective
UK

SoHo REIT rebrands to Living REIT ahead of request to broaden investment objective

Shares slide 0.5%

clock 22 June 2026 • 1 min read
Trustpilot