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Labour won’t announce spending cuts before next election, Rachel Reeves confirms

日本 ニュース ニュース

Labour won’t announce spending cuts before next election, Rachel Reeves confirms
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The shadow Chancellor claimed a new Labour government would face the worst economic legacy since World War II

The shadow Chancellor appeared to accept that a new Labour government would, saying: “We’re not going to be able to turn things around straightaway.”

Given existing promises to spend more on health, defence and childcare, economists estimate that this policy would require cuts of up to £20bn in other departments such as justice and local government. Ms Reeves told the BBC’s Sunday with Laura Kuenssberg that it would not be possible for Labour to set out the details of spending cuts that it would carry out in government.

She added that “I do know that public services need more money”, arguing Labour’s plans to grow the economy would help the state of the public finances.

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