Chancellor's Economic Update: Red Siren

This is a Whitehall news story, published by Sky News, that relates primarily to Harriet Harman news.

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Spring statement a red siren moment for Reeves - with big spending squeeze ahead

Summary

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71% Informative

Rachel Reeves' spring statement on economy set to be a red siren moment for a chancellor.

She is likely to announce a downgrade to growth forecasts and the biggest spending squeeze on Whitehall in years .

Labour peer Harriet Harman told the Electoral Dysfunction podcast that identifying big levels of savings is going to cause consternation.

The government hopes protest will be dialled down as it dials up talk about 'reform' and how the government can rewire Whitehall in a way that money is trained on the frontline and services can be maintained even as budgets are whittled back.

Even if Harriet Harman is right on the would-be rebels, a major downgrade of growth forecasts and a spending squeeze from a government that told voters it would be doing the exact opposite in the run-up to the election.

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informal

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English

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not offensive

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not hateful