Experts from the Fiscal Studies Institute are calling for a fundamental reassessment of the United Kingdom's approach to fiscal regulation. Instead of the current binary system of approval or rejection, they propose a more sophisticated framework based on a "traffic light system" principle, which would allow for a more nuanced assessment of economic policies.

This proposal responds to the problematic policy-making of recent years, characterized by rigidity and a lack of flexibility. The new system would provide more room for gradual evaluation of fiscal measures and their impacts on economic stability. Bloomberg mentioned the institute's call for modernizing the existing simplified approach in a post on X.

The proposed solution should enable the United Kingdom to better respond to economic challenges through a more dynamic and efficient decision-making process. Such a model could contribute to more sustainable economic development and better public finance management.