Chancellor will announce pause in work on a number of infrastructure projects, saying Conservatives ‘covered up’ true state of financesWhich UK infrastructure projects is Rachel Reeves likely to axe?Rachel Reeves will lay the ground for cuts to public spending, tax rises and delays to some infrastructure projects as she sets out the dire economic situation the Labour government inherited from the Conservative party.She is expected to pause work on a string of infrastructure projects on Monday, including Boris Johnson’s plan to build 40 hospitals and the proposed two-mile road tunnel bypassing Stonehenge. Continue reading…
Source link : https://www.theguardian.com/society/article/2024/jul/28/rachel-reeves-to-set-out-plans-to-fill-the-shortfall-in-public-finances-left-by-tories
Author : Aletha Adu and Peter Walker
Publish date : 2024-07-29 09:03:40
Copyright for syndicated content belongs to the linked Source.
