Britain is 'broke and broken', newly-elected Labour govt claims
Sunday, 28 July 2024 The British government declared the country financially troubled, citing a £20 billion shortfall. Newly-elected Labour plans to blame the previous Conservative government for unfunded commitments. Finance Minister Rachel Reeves is set to present a fiscal review in parliament, targeting financial transparency and realistic budget plans.
Reform UK leader Nigel Farage says Labour's new cabinet are the most "inexperienced" people to be in government and predicts that they will be "in trouble pretty quickly".
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