Chancellor’s words will be interpreted as signal she will not give in to ministers over cuts she imposes in budget
Rachel Reeves has told the cabinet that the UK still faces a £100bn black hole in the public finances over the next five years amid concerns that ministers are yet to grasp the full scale of the fiscal deficit ahead.
At a meeting of the political cabinet, the chancellor said the £22bn gap this year – which the government has blamed on their poor economic inheritance from the Tories – would be a recurring cost each year of this parliament.
Continue reading...from The Guardian https://ift.tt/HR5JCxQ
Comments
Post a Comment