Reeves rejects Tory austerity and pillories Liz Truss | Spending review

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Reeves rejects Tory austerity and pillories Liz Truss | Spending review

Chancellor Rachel Reeves launched her spending review by taking swipes at the Conservative Party over their handling of the economy.

She said there would be no return to the austerity that followed the global financial crisis of 2008.

Nor would there be any unfunded tax cuts, which said defined Liz Truss’ disaster mini-budget.

Live spending review updates: https://news.sky.com/story/politics-latest-labour-reform-starmer-farage-defence-tories-migration-12593360

#skynews #spendingreview #rachelreeves #ukeconomy #labourparty

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Date: June 11, 2025