Public service spending ‘to be cut by up to £36,000,000,000’ over next two years
Public service spending ‘to be cut by up to £36,000,000,000’ over next two years
Inflation will likely be allowed to ‘wipe out’ some 40% of planned budget boosts (Picture: Getty/PA/REX)
Public services could be forced to make budget cuts estimated at up to £36 billion over the next two years, the chancellor has indicated.
Kwasi Kwarteng is under mounting pressure to set out how the government’s new raft of tax cuts and spending pledges like the Energy Price Guarantee will be…