Is there really no money left?
July 29, 2024
17 min
Full
498 of 1,000
July 29, 2024
Is there really no money left?
0:00 / 17:56
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Sky News Episodes Around July 29, 2024
Episode 498 of 1,000 — walk the feed in the order it was published.
17:56This episodeIs there really no money left?
Summary
Chancellor Rachel Reeves says she's discovered a "£20bn black hole" in the public finances left by the previous government. <br /> <br />In the Commons, she set out her plans to address the funding shortfall through spending cuts, as shadow chancellor Jeremy Hunt accused Labour of using the statement to lay the groundwork for a U-turn on tax rises in the October budget. <br /> <br />On the Sky News Daily, host Liz Bates is joined by deputy political editor Sam Coates to look at Labour’s messaging on the state of public finances, and breaks down the numbers with our business correspondent Paul Kelso. <br /> <br />Producers: Rosie Gillott <br />Editor: Philly Beaumont <br />Promotion producer: David Chipakupaku <br />
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