Published 07/27/2024 6:28:00 p.m.

Rachel Reeves to delay some of Tories’ ‘unfunded’ road and hospital projects

Rachel Reeves plans to delay various “unfunded” road and hospital projects to address a £20 billion spending shortfall, according to the Financial Times.
Reeves will discuss the delays, including the £9 billion Lower Thames Crossing, in Parliament, emphasizing the dire financial situation left by the Conservatives.
Labour sources attribute the £20 billion gap to the former Conservative government, labeling it a “shocking inheritance.

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The Independent

Chancellor could delay major infrastructure schemes to plug spending shortfall

Rachel Reeves is also expected to approve above-inflation pay rises for millions of public sector workers.

07/27/2024 10:22:52 a.m.·London, United Kingdom

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Daily Express

Rachel Reeves 'set to blame £20billion black hole on asylum hotels'

The Chancellor's diagnosis comes as is it estimated that asylum support costs are set to rise to £30 billion to £40 billion over the next four years.

07/27/2024 12:16:00 p.m.·United Kingdom

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The Sun

Reeves' £20bn black hole alert in speech buys her cover for troubles to come

RACHEL REEVES is giving an important speech tomorrow, one that could set the tone for the rest of her time as Chancellor. Some of what she will say is entirely predictable. Rachel Reeves is giving an important speech tomorrow, one that could set the tone for the rest of her time as ChancellorReuters GettyThe prisons are full and the courts are creaking and, in some cases, leaking[/caption] The Mega AgencyThe NHS backlog now stands at 7.6millio…

07/27/2024 9:15:58 p.m.·United Kingdom

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The Telegraph

Rachel Reeves to delay flagship hospital and road-building projects

Stonehenge tunnel and the Lower Thames Crossing could be under threat following an ‘audit’ of the Government’s economic inheritance

07/27/2024 12:01:00 p.m.·London, United Kingdom

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Shropshire Star

Chancellor could delay major infrastructure schemes to plug spending shortfall

The Chancellor could officially delay some major capital projects on Monday, when she is expected to tell Parliament that the Conservatives left Labour with a dire spending inheritance, including a £20 billion black hole in the accounts.

07/27/2024 10:24:16 a.m.·Ketley, United Kingdom

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