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Author: elsewhere55.bsky.social (did:plc:yjz4hqnyw7hirjmcf6jyajsb)

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"It’s a £12 billion ‘Black Hole’ now. 
Rachel Reeves, the chancellor, has been given a £10 billion budget boost by the Bank of England, increasing pressure on her to ease spending cuts and tax rises.

www.thetimes.com/article/1006..."
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title:
"Reeves’s £10bn windfall raises pressure to drop winter fuel cut"
description:
"A decision by the Bank of England will give the chancellor more financial headroom but she is likely to resist calls to ease fiscal discipline"
langs:
  • "en"
facets:
createdAt:
"2024-09-21T12:27:28.838Z"