UK Public Finances under spotlight as Labour announces spending cuts
Edited By WION Video Desk
Published: Jul 30, 2024, 03:55 IST | Updated: Jul 30, 2024, 03:55 IST
Britain's Labour finance minister Rachel Reeves declared Monday that the public finances face an extra £22-billion hole inherited from the previous Conservative administration and warned of "difficult decisions" ahead to cut spending or hike taxes.
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