Filling £22bn funding shortfall inherited from Tories only enough ‘to keep public services standing still’, ministers told• UK politics live – latest updatesRachel Reeves aims to make £40bn worth of tax rises and spending cuts in the budget, government sources have indicated.The chancellor told a political cabinet meeting on Tuesday that filling the £22bn funding shortfall that Labour says it inherited from the Conservatives was only enough “to keep public services standing still”. Continue reading…
Source link : https://www.theguardian.com/uk-news/2024/oct/16/rachel-reeves-tax-rises-spending-cuts-budget
Author : Eleni Courea Political correspondent
Publish date : 2024-10-16 08:44:48
Copyright for syndicated content belongs to the linked Source.
Rachel Reeves aims to find £40bn in tax rises and spending cuts in budget
