A Different Bias
@adifferentbias·247K subscribers·7.7K videos
Labour Budget Aims Become Clear
Posted
September 28, 2024
Views
56,922
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3,514
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602
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September 28, 2024
56,922
3,514
602
7.23%
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10:45Now PlayingDespite some commentators saying they're not sure what Labour's strategy is with next month's budget, the broad shape seems clear enough. Public spending will go up, but that spending will be balanced with tax revenues. The £22B black hole will be filled, but not with spending cuts. Capital spending will increase by a lot, and fiscal rules are likely to be changed to unlock some more borrowing to achieve this.
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