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Old 10-10-24, 07:13 AM   #1783
Jimbuna
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Wouldn't surprise me if Miss Thieves stopped the state pension.

Reeves 'must find billions more' in time for Budget

Quote:
Chancellor Rachel Reeves will need to come up with billions of pounds more to meet the government’s pre-election promises, according to calculations by influential think tank the Institute for Fiscal Studies (IFS).

The government has promised no return to “austerity” for public services and a boost to government investment, designed to kickstart growth.

But to honour those commitments the chancellor will need to “grasp the nettle” and come up with £16bn more on top of £9bn tax rises set out in the Labour manifesto, the IFS said.

The chancellor is finalising details of her first Budget, to be announced on 30 October.

Reeves will set out how she plans to meet a raft of manifesto promises against a tangle of self-imposed restrictions on borrowing, spending and debt.

It will be the government’s first big set-piece, an opportunity to set out its priorities and values, and to reset the political tone after a backlash over clothing and hospitality donations.
https://www.bbc.co.uk/news/articles/cq64j4rdrqno
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