Reeves eyeing welfare cuts as ‘black hole’ expands
WELFARE benefits are in Labour’s sights as the “black hole” the government claims to have inherited from the Tories appeared to expand alarmingly.
Chancellor Rachel Reeves is now understood to be looking at bridging a funding gap of £40 billion in her budget due on October 30.
This will have to be covered by tax rises and spending cuts, with the axe most likely to fall on benefits.
More from this author
ANDREW MURRAY surveys a quaking continent whose leaders have no idea how to respond to an openly contemptuous United States
Hundreds protest outside Westminster Magistrates’ Court as Stop the War Coalition and Palestine Solidarity Campaign activists attend court
Similar stories
Unite general secretary Sharon Graham calls for wealth tax
