London: In a move aimed at fortifying the United Kingdom’s financial resilience, Finance Minister Rachel Reeves is reportedly planning to increase the government’s fiscal buffer in the forthcoming November budget. The decision comes amid rising economic pressures, including higher borrowing costs, slowing growth forecasts, and the recent shelving of a £5 billion welfare savings plan. Analysts view this step as an attempt to safeguard public finances against potential market volatility and unforeseen economic shocks.

Reeves had initially set a £9.9 billion fiscal buffer in her March Spring statement, in alignment with her core fiscal rule: to balance day-to-day public spending with tax revenues by 2030. However, recent assessments by economic think tanks suggest that an additional £30 bi

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