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The chancellor tells Sam Coates – on the document – that she is contemplating tax rises and spending cuts forward of a essential autumn finances.
In an unique interview – her first since being briefed by the Workplace for Finances Duty (OBR) on the dimensions of the black gap – Rachel Reeves discusses whether or not there’s a approach out or if she’s caught in a “doom loop”.
As she meets with financial leaders on the Worldwide Financial Fund (IMF) in Washington – the duo think about the political ramifications and choices on the desk for her to plug the £20bn to £30bn hole within the public funds.
