Treasury anticipated to uncover £20bn gap in public funds, Sky News understands

A Treasury audit is anticipated to disclose a £20bn black gap in public spending, Sky News understands.

Chancellor Rachel Reeves is because of give a speech on Monday when she is going to reveal the state of the UK’s public funds and probably put together the bottom for tax rises within the autumn.

Sky’s Paul Kelso analyses the dimensions of the monetary issues confronted by Sir Keir Starmer’s newly-elected Labour authorities, and asks what choices can be found to the chancellor to plug the spending hole.

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