<iframe src="//www.googletagmanager.com/ns.html?id=GTM-K3L4M3" height="0" width="0" style="display:none;visibility:hidden">

Portrait of the week

Portrait of the week: Stabbings in Southport, a £22bn ‘black hole’ and Tory leadership nominations

3 August 2024

9:00 AM

3 August 2024

9:00 AM

Home

Rachel Reeves, the Chancellor of the Exchequer, said she had found a £21.9 billion hole, and a black one at that, ‘covered up’ by the Tories in the finances Labour inherited. ‘The biggest single cause of the £22 billion fiscal hole was Reeves’s decision to give inflation-busting pay rises to public sector workers,’ the Financial Times reported.

Already a subscriber? Log in

As the US decides, so can you

Subscribe today and get a $50 Amazon gift card if you correctly predict the next US president.

  • Unlimited access to spectator.com.au
  • The weekly edition on the Spectator Australia app
  • Spectator podcasts and newsletters
  • Full access to spectator.co.uk
Or

Unlock this article

REGISTER

You might disagree with half of it, but you’ll enjoy reading all of it. Try your first month for free, then just $2 a week for the remainder of your first year.


Comments

As the US decides, so can you

Subscribe today and get a $50 Amazon gift card if you correctly predict the next US president.

Already a subscriber? Log in

Close