Reeves to reveal biggest UK spending cuts since austerity in spring statement

Reeves to reveal biggest UK spending cuts since austerity in spring statement

Economic policy, Public services policy, Rachel Reeves, Politics, UK news, Labour, Society Business | The Guardian

​Labour MPs uneasy as chancellor prepares even deeper reductions that economists say will harm key servicesRachel Reeves will announce the biggest spending cuts since austerity at next week’s spring statement after ruling out tax rises as a way to close her budget deficit.The chancellor will tell MPs next Wednesday that she intends to cut Whitehall budgets by billions of pounds more than previously expected in a move which could mean reductions of as much as 7% for certain departments over the next four years. Continue reading… 

Labour MPs uneasy as chancellor prepares even deeper reductions that economists say will harm key services

Rachel Reeves will announce the biggest spending cuts since austerity at next week’s spring statement after ruling out tax rises as a way to close her budget deficit.

The chancellor will tell MPs next Wednesday that she intends to cut Whitehall budgets by billions of pounds more than previously expected in a move which could mean reductions of as much as 7% for certain departments over the next four years.

Continue reading… 

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