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Labour Has No Choice But to Break Its Promises

Labour Has No Choice But to Break Its Promises

Bloomberga day ago

Most governments, of whatever political stripe, would agree there's never enough money to go around. It's a problem that's particularly acute for UK Prime Minister Keir Starmer as he prepares to launch the results of his year-old administration's 'comprehensive spending review,' setting out budgets for each department for the next few years.
Starmer's team not only lacks the funds to deliver what they'd like to do during their time in power, they don't have the money to do what they've already committed to. Something has to give, and Chancellor of the Exchequer Rachel Reeves will ultimately need to do at least one of three things: slash spending, raise taxes or increase borrowing. Right now, she's not being clear which. Voters deserve at least a vague understanding of what tough decisions need to be made.

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‘Momentum is building': Green industries praise clean energy rules for new homes

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