“Surprise Surprise!“ | Labour’s £20 Billion Black Hole In Public Finances

Talk’s Russell Quirk and Taxpayers Alliance’s Joanna Marchong discuss Chancellor Rachel Reeves set to reveal a big black hole in the country’s finances in a speech on Monday - with a suggestion this could equate to around £20bn. Her update will reveal “the true scale of the damage the Conservatives have done to the public finances”, a Labour source said. They did not deny reports that an early assessment has found a nearly £20 billion annual gap between revenues and funding commitments, including in areas such as asylum and public sector pay. Russell says: “Looks like tax is going up“ #rachelreeves #labour #russellquirk #talktv Click here for more from Talk If you need any help visit: