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Labour accuses Sunak of ‘smoke and mirrors’ budget due to lack of new money

Labour has accused Rishi Sunak of presiding over a “smoke and mirrors” budget after he conceded that just 20% of his biggest single spending commitment unveiled before the speech is made up of new money.

Labour accuses Sunak of ‘smoke and mirrors’ budget due to lack of new money
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  • Shared from The Guardian
  • October 25, 2021
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The Treasury has committed to almost £26bn of spending in a rush of announcements before Wednesday’s budget and spending review. It is expected to contain no tax cuts and the chancellor has sought to reassure anxious Tory MPs that he is a fiscal Thatcherite at heart.

Read more at The Guardian

 

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