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Fitch Ratings says the UK Budget maintains broad policy continuity but leaves significant challenges in delivering its objectives

ORIGINAL · NewsquawkFitch Ratings says the UK Budget maintains broad policy continuity but leaves significant challenges in delivering its objectivesRead originalHide original

Expects moderately higher UK policy risks closer to the next general election and continues to anticipate significant fiscal slippage against spending plans. Fiscal consolidation will remain considerably more challenging to deliver from 2027.

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Fitch describes the UK Budget as broadly continuous but sees significant delivery challenges, continued expected fiscal slippage, and greater consolidation difficulty from 2027.

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Expects moderately higher UK policy risks closer to the next general election and continues to anticipate significant fiscal slippage against spending plans. Fiscal consolidation will remain considerably more challenging to deliver from 2027.

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