Rachel Reeves has just announced a series of spending cuts in the House of Commons. These were ‘incredibly tough choices’, she said, to account for the £20 billion surprise ‘black hole’ left behind by the Tory government.
Her announcement means £5.5 billion of immediate, in-year cuts. These include some projects that were tipped to be axed, including the Rwanda scheme, and a review of rail projects (which will include discarding the ‘Restoring Our Railways’ programme).
Already a subscriber? Log in
Subscribe for just $2 a week
Try a month of The Spectator Australia absolutely free and without commitment. Not only that but – if you choose to continue – you’ll pay just $2 a week for your first year.
- Unlimited access to spectator.com.au and app
- The weekly edition on the Spectator Australia app
- Spectator podcasts and newsletters
- Full access to spectator.co.uk
Or
Comments
Don't miss out
Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.
SUBSCRIBEAlready a subscriber? Log in