Join Darren McCaffrey live as the prime minister abandoned his flagship welfare reforms last night, leaving his authority damaged and his government facing a widening fiscal hole to fill.
The climbdown marks a costly blow for Keir Starmer and his Chancellor, who is increasingly expected to have to raise taxes at her autumn budget, as the government gave up all of the savings initially sought from the reforms.
Latest business news 👉 https://trib.al/unXvp4J
Money advice blog 👉 https://trib.al/wEeVvFT
#Business #Economy #CostOfLiving #Banking #Stocks #Budget #Wages #Manufacturing #Banking
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews
For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB
Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/
Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquÃ: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog
To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales
