Keir Starmer to face PMQs as reports claim Treasury must fill ‘£40bn funding gap’ in budget – UK politics live

Sources say Rachel Reeves told cabinet colleagues yesterday the figure was much higher than previously estimatedDarren Jones, the chief secretary to the Treasury, has described today’s fall in inflation (see 9.36am) as “welcome news”. But, in interviews, he also warned there would be “hard” choices in the budget.Asked whether he could rule out real-terms spending cuts for crucial public services, Jones replied:We’re setting budgets for public services at the end of October for one financial year, 25/26.We will not be returning to austerity and we will present an honest set of spending plans that deal with the £22bn black hole that we inherited from the previous Conservative government. Continue reading...

Keir Starmer to face PMQs as reports claim Treasury must fill ‘£40bn funding gap’ in budget – UK politics live

Sources say Rachel Reeves told cabinet colleagues yesterday the figure was much higher than previously estimated

Darren Jones, the chief secretary to the Treasury, has described today’s fall in inflation (see 9.36am) as “welcome news”. But, in interviews, he also warned there would be “hard” choices in the budget.

Asked whether he could rule out real-terms spending cuts for crucial public services, Jones replied:

We’re setting budgets for public services at the end of October for one financial year, 25/26.

We will not be returning to austerity and we will present an honest set of spending plans that deal with the £22bn black hole that we inherited from the previous Conservative government. Continue reading...