The ‘breathing space budget’ – breathing space for the government, that is | John Crace

The UK government has presented a budget that provides temporary relief, often referred to as a 'breathing space budget'. This means the government has some time to implement policies without immediate scrutiny. The budget's success relies on certain economic forecasts, which some experts believe are overly optimistic. The outcome of these forecasts will have significant implications for the UK economy and markets, as they will determine the budget's long-term sustainability.

Why it matters

The UK budget has been described as a 'breathing space budget' for the government, suggesting that it does not pose any significant challenges or risks. This could lead to a sense of stability and calm in the markets, as investors are not faced with any major

Market impact

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