There is a growth of fears that Britain will be lit into sage, as Rachel Reeves It is prepared for detecting the forwarding of reducing spending in the budget next week.
The The Chancellor is set to deliver his spring statement next Wednesday, against background a Flater economy and lowered when it comes to strict Borrowing rules She set up in October.
Toward GuardianThe Chancellor will announce the budget cutting plans for Whitehall Billions of Pounds more than previously expected, and some departments face down to 7 percent in the next four years.
It is understood that Mrs. Reeves will not change a tax that means that it is expected to unwrap about spending in order to a balanced book after This year, the Bank of England reduced the forecasts for growth this year.
Ben Zaranko, an emergency director for the Institute for Fiscal Studies (IFS), warned that the cuts would say to the oldest of 2019. years – would lead to “harmful influences on public services and those who rely on them.”
“The government will hope that short-term cash injection would provide efficiency as public services, will be sufficient to return from pandemic, it will be sufficient for delivery to improve services even if money is tight,” he said.
“But we are in a very world until 2010. year and, although the pace of cuts would be significantly slower, but in the peak years of savings, they would still be the fastest cuts since 2019. years.
“It is difficult to see how this can be delivered without negative impacts on public services and those who rely on them.”
Savings The term for government policy designed for national debt control, which was adopted in Britain after the financial crisis for 2008. year and led to large reductions.
The expected cuts only come days after the Secretary of Liz Kendall presented 5 billion pounds in the welfare system.
They will see about a million people in England, and Wales will lose their disability benefits as part of the overhaul.
While the Prime Minister insisted that the current system is “morally and economically inappropriate”, working agents, including the Veteran support Diane Abbott expressed serious concerns about plans.
“There is nothing morally about reducing the benefits for what can be up to a million people.
“It’s not about morality, it’s about the request of the treasury to balance the country’s books on the back of the most endangered and poor people in this society,” the longest servant for serving.
On Thursday, the Minister of Armed Forces of Luka Pollard denied that the work of the government has become “that changes were not designed by” Defense consumption “, help people help people.
“We know that there was a big increase in the number of people out of work, but when we have one in eight young people who claim to benefit the disability, it is a crisis for our people.
“Therefore, Liz Kendall, the Secretary of Labor and Pension, determined the plans to support disability in work.”
Last month, Bank England painted a gloomy image in the UK in the UK halving growth forecast for this year and predicting inflation growth.
Economics in the UK is placed only for growth of 0.75 percent this year, from a previous estimate of 1.5 percent, before 2026 and 2027 are again accelerated. Years.
The bank warned that more people would be out of work, because the companies swallowed higher taxes and salaries announced in the October Budget.
The treasury is contacted to comment.