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Home Business

Keir Starmer and Rachel Reeves face down cabinet revolt over spending cuts

16 October 2024
in Business
Keir Starmer and Rachel Reeves face down cabinet revolt over spending cuts
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In the Unlock the Editor’s Digest, Roula Khalaf highlights Sir Keir Starmer and chancellor Rachel Reeves’ pushback against a cabinet revolt over proposed public spending cuts. Reeves plans to raise taxes or cut spending by £40bn to address a £22bn fiscal gap, causing unrest among ministers. The looming Budget on October 30 will outline spending curbs for various departments, prompting concerns about government ambitions and economic growth.

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Tags: CabinetcutsFaceKeirRachelReevesrevoltSpendingStarmer
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