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Headline : Reeves set to reveal public finance shortfall of billions

Read more from the original article on here at www.bbc.com.





Tags : #reeves #set #reveal #public #finance #shortfall #billions


No. of Paragraph 28

The new chancellor is set to use an audit of public spending to make claims of a "black hole" in the government finances worth tens of billions of pounds.

Rachel Reeves said she would give a statement to Parliament on Monday showing “honesty” about the scale of the challenge faced by the new Labour government.

She vowed to "fix the mess we inherited" but would not confirm speculation that the gap in the public finances stood at more than £20bn per year.

The Conservative Party accused the new government of "peddling nonsense".

Read more from the original article on here at www.bbc.com.


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