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‘Austerity is not the answer’ as Reeves to announce £20bn black hole in public finances
CHANCELLOR Rachel Reeves is set to announce the existence of a black hole in public finances to the tune of £20 billion on Monday, party sources said today.
She will give an update on a spending audit by Treasury officials and respond to the public-sector pay recommendations as the government faces having to find money for above-inflation rises.
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