UK Budget Forecasts Face Credibility Questions Amid Repeated Misses
Optimistic projections often lead to larger-than-expected deficits
The UK government’s history of overly optimistic budget forecasts is under scrutiny as analysts warn that Chancellor Rachel Reeves may struggle to meet her goal of eliminating the deficit.
The pattern of underestimated spending and overestimated growth continues to challenge fiscal credibility and long-term economic planning.