The Institute for Fiscal Studies says John Healey needs to find £35 billion by 2030–31 at the Budget if he wants to keep his spending promises. Its director Helen Miller said overnight: “A do-nothing Budget is not an option.” Despite the Treasury briefing that it will be a do-nothing Budget…
The IFS breaks down the figures as follows:
The IFS says Healey can’t credibly borrow, provide phantom cuts, or delay the black hole until next Spending Review. Options no doubt relied on by Healey’s team…
The think tank expects there to be around £20 billion of headroom, down from £24 billion in March. That means the ‘fiscal rules’ will probably be met. While the fiscal position falls apart…
Burnham spinning like a wheel in the Commons:
“I will very much say so on the record… It was legitimate. I have always respected the result. I have never questioned its legitimacy. But I am within my rights to point out where foreign actors are looking to interfere in British democracy.”