'Black hole' Most of £22bn deficit 'to stay with Labour until 2030'
The Guardian|October 12, 2024
Rachel Reeves has been warned that most of the £22bn "black hole" in the public finances that Labour claims was "covered up" by the Conservatives will continue to hang over the government by the end of the decade.
Richard Partington

In a downbeat report before the chancellor's budget later this month, the Resolution Foundation thinktank said as much as £19bn of the shortfall would persist until 2029-30 unless Reeves took action to raise taxes or cut spending.

After Labour's landslide election victory in July, Reeves published Treasury analysis revealing a £22bn overspend in the current financial year which she claimed had been "covered up" and left unaccounted for by the Conservatives.

In analysis angrily disputed by the Tories, this included a soaring bill to deal with asylum claims and illegal immigration, as well as spending on the NHS, the Ukraine crisis and maintaining roads and railways.

هذه القصة مأخوذة من طبعة October 12, 2024 من The Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 12, 2024 من The Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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