Chancellor Rachel Reeves charged the previous government of concealing a £22 billion deficit in public finances after Labour won the July election.
With promptitude, she canceled a number of projects, including multiple road and train projects, the construction of 40 new hospitals, changes to adult social care fees, the creation of a new Advanced British Standard certificate, and a reduction in the number of pensioners receiving the winter fuel allowance.
However, Sam Coates, deputy political editor of News, stated on the Politics with Jack and Sam podcast today: “One of the things I’m told is that the overall black.
He stated that although the Office for Budget Responsibility (OBR) has not yet provided the government with the data, they do have a preliminary prediction for the upcoming years.
These are enormous sums of money, so they might need to fill an even larger quantity, he continued.
