“Surprise Surprise!“ | Labour’s £20 Billion Black Hole In Public Finances
Talk’s Russell Quirk and Taxpayers Alliance’s Joanna Marchong discuss Chancellor Rachel Reeves set to reveal a big black hole in the country’s finances in a speech on Monday - with a suggestion this could equate to around £20bn.
Her update will reveal “the true scale of the damage the Conservatives have done to the public finances”, a Labour source said.
They did not deny reports that an early assessment has found a nearly £20 billion annual gap between revenues and funding commitments, including in areas such as asylum and public sector pay.
Russell says: “Looks like tax is going up“
#rachelreeves #labour #russellquirk #talktv
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