Shadow chancellor estimates cost at £108.2bn and pledges to take ‘large-scale action’ The shadow chancellor, John McDonnell, has said Labour would reverse cuts made by the government since 2010 as Labour highlighted more than £108bn needed to “end austerity”.Labour’s pre-budget review said it would take £42bn to reverse departmental spending cuts. The Institute for Fiscal Studies (IFS) had already highlighted another £19bn needed to stop further cuts to government. Continue reading…
Via: John McDonnell says Labour will reverse cuts and 'end austerity'

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