The Guardian view on Labour’s spending review: the chancellor tightened belts and loosened seams | Editorial
forThe Rexit Ghost is chasing a work spending review aimed at laying the foundations for a second period. Its addresses are frequent on the twin topics of the referendum holder: Control of Immigration, NHS. Chancellor, Rachel Reeves, said that she would end the use of hotels Asylum seekers “In this parliament” it provides one billion pounds annually, while NHS spends 3 % per year. Mrs. Reeves has developed as a policy of security and mercy. However, it reads as popular promises in Britain’s exit from the European Union, nominated by the Orthodox Westminster.
The danger is that this is all a slogan and very few. Asylum savings are speculative, and the annual increase in NHS budgets is less than Historical average. There is also a real passage Discounts Or mainly fixed budgets for major departments such as transportation, education And the local government. The Ministry of Interior faces deeper discounts than asylum savings on its own, which prompted the police warning from the police and the mayor of London, Sadiq Khan.
Obviously, what seems good today for the counselor may feel insufficient tomorrow in hospital wings, high streets, or in the semester. The daily experience of voters will form their rule. This is why there are gestures from Mrs. Reeves to cost pressure by maintaining the maximum Bus prices And insisting that the financing of the police and the financing of the council will witness the rise of the “spending authority”. Despite the negative briefing, ED Miliband won great victories in the review, especially the protection of the warm house insulation scheme of 13 billion pounds and strengthened its impact on the GB power agenda, while enhancing the net power strategy in the UK.
Mrs. Reeves tightened strict belts and fertile threads. Britain, under the Labor Party, will be a place “every pound will be spent wisely” while billions will invest in capital to raise the country level. This is due to a welcome change in the financial rules offered by the counselor Last October This allows more space for such an investment. This shift allows the uproar: nuclear reactors, and the affordable housing and The new railway in Manchester to Liverpool.
Unless it changes is the rule of the government, which says that its current budget should be in excess by the end of the prediction. This restricts the daily spending of the state-despite relaxation Next year -It leads to discounts in real sections as well as curbing options to enhance the family income directly. A review of spending is a bet that spending on infrastructure will lead to higher productivity. But it lacks fuel by demand to make these projects generate comprehensive growth Inside this parliament. This makes it difficult to reach the government’s economic task teacher due to the high family income available and reduce the gross domestic product of the individual.
Perhaps Mrs. Reeves will have to raise Taxes To meet its financial rules, not the least of which is that the government’s promises continue to stack and the money must be found to restore fuel payments in the winter and reconsider the ceiling of the child’s dualism. However, the Prime Minister nor the advisor dare to say loudly. Top taxes, especially on wealth, will be a good thing. This may become inevitable with the continuation of Mrs. Reeves accounts 14 billion pounds from the expected efficiency gains As if the cuts can be painful.
Political stories novel goes so much when the effects of politics appear in Threadbare services and Entering the flat family. Despite all investment, anxiety should be that voters see more drift than renewal. Without a transformation in the financial doctrine, the risk of prose -governing labor while the audience is still awaiting the poetry that it promised.
