Things are going from bad to worse for Reeves as the grim economic outlook forces her to consider even deeper cuts to public service spending. Her fiscal ‘headroom’ has plummeted from a fragile £9.9 billion to a pitiful £1 billion, according to Sky News, as market reactions to Reeves’ Budget measures has left the economy faltering and borrowing costs soaring to 25-year highs. She only has herself to blame…
Reeves has pledged to fund day-to-day government spending solely through taxation, not borrowing, and sources close to the Treasury say she’s determined to stick to the fiscal rules she set back in October. She won’t budge on taxes during her spring statement on March 26, leaving the Treasury sweating over the risk that the Office for Budget Responsibility might call her out for breaking her own rules. Her only option is to slash public spending or cut the welfare budget, setting the Chancellor on a collision course with ministers who are already fuming that manifesto pledges are going up in smoke with more broken promises on the way. At least Reeves has experience in complaints management…
Speaking to Adam Boulton on Times Radio about kicking the Golders Green suspect, Heidi Alexander said:
“I thought that if I was in the shoes of that police officer, then if I’m honest, given the situation, and the fact that he had a backpack on his back, and they were worried about whether that might go off, I could, if I was a police officer, frankly, I could see myself having taken similar action.”