...the next round of cuts look likely to cut deeper still.
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.
Economists say the cuts will harm key public services, despite Labour’s promises to undo years of decline under the Conservatives. They will be announced a week after ministers unveiled about £5bn worth of cuts to benefit payments, most of which are going from payments to disabled people. Analysis by the Resolution Foundation thinktank has found that some disabled people could lose nearly £10,000 a year in benefits by the end of the decade under the reforms announced on Tuesday.
The Grauniad
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.
Economists say the cuts will harm key public services, despite Labour’s promises to undo years of decline under the Conservatives. They will be announced a week after ministers unveiled about £5bn worth of cuts to benefit payments, most of which are going from payments to disabled people. Analysis by the Resolution Foundation thinktank has found that some disabled people could lose nearly £10,000 a year in benefits by the end of the decade under the reforms announced on Tuesday.
The Grauniad