Chancellor Rachel Reeves says she’s found a "£20bn black hole" within the public funds left by the earlier authorities.
In the Commons, she set out her plans to handle the funding shortfall via spending cuts, as shadow chancellor Jeremy Hunt accused Labour of utilizing the assertion to put the groundwork for a U-turn on tax rises within the October price range.
On the Sky News Daily, host Liz Bates is joined by deputy political editor Sam Coates to have a look at Labour’s messaging on the state of public funds, and breaks down the numbers with our enterprise correspondent Paul Kelso.
Producers: Rosie Gillott
Editor: Philly Beaumont
Promotion producer: David Chipakupaku
