{"id":171783,"date":"2024-07-27T00:00:38","date_gmt":"2024-07-26T23:00:38","guid":{"rendered":"https:\/\/www.newsisc.com\/videos\/of-course-they-knew-labour-government-aware-of-poor-state-of-public-finances-says-ifs-boss\/"},"modified":"2024-07-27T00:00:38","modified_gmt":"2024-07-26T23:00:38","slug":"of-course-they-knew-labour-government-aware-of-poor-state-of-public-finances-says-ifs-boss","status":"publish","type":"post","link":"https:\/\/www.newsisc.com\/videos\/of-course-they-knew-labour-government-aware-of-poor-state-of-public-finances-says-ifs-boss\/","title":{"rendered":"&#8216;Of course they knew&#8217;: Labour government aware of poor state of public finances, says IFS boss"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/i3.ytimg.com\/vi\/Bq3SwpcIhHg\/hqdefault.jpg\" alt=\"'Of course they knew': Labour government aware of poor state of public finances, says IFS boss\"><br \/> <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/Bq3SwpcIhHg\" frameborder=\"0\" allowfullscreen><\/iframe> <\/p>\n<p>The director of the Institute for Fiscal Studies (IFS) has said the incoming Labour government would have been aware, to a large degree, of &quot;how bad things are in terms of public finances&quot;.<\/p>\n<p>Speaking to Ali Fortescue on Sky&#8217;s Politics Hub, Paul Johnson said the IFS and many others &quot;made it clear&quot; that it would be &quot;very hard to avoid cuts&quot;, adding that public services such as the NHS, social care and prisons are in a &quot;terrible state&quot;.<\/p>\n<p>Mr Johnson&#8217;s comments come amid reports that the government is facing a \u00a320bn &quot;black hole&quot; in public finances, with Chancellor Rachel Reeves vowing to &quot;fix&quot; the &quot;mess&quot; left behind by the Tories.<\/p>\n<p>Read more: https:\/\/trib.al\/Yrxwy1q <\/p>\n<p>#Finance #Politics #Labour #UK<\/p>\n<p>SUBSCRIBE to our YouTube channel for more videos: http:\/\/www.youtube.com\/skynews<br \/>\nFollow us on Twitter: https:\/\/twitter.com\/skynews<br \/>\nLike us on Facebook: https:\/\/www.facebook.com\/skynews<br \/>\nFollow us on Instagram: https:\/\/www.instagram.com\/skynews<br \/>\nFollow us on TikTok: https:\/\/www.tiktok.com\/@skynews <\/p>\n<p>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&amp;hl=en_GB <\/p>\n<p>Sky News Daily podcast is available for free here: https:\/\/podfollow.com\/skynewsdaily\/ <\/p>\n<p>Sky News videos are now available in Spanish here\/Los video de Sky News est\u00e1n disponibles en espa\u00f1ol aqu\u00ed: https:\/\/www.youtube.com\/channel\/UCzG5BnqHO8oNlrPDW9CYJog <\/p>\n<p>To enquire about licensing Sky News content, you can find more information here: https:\/\/news.sky.com\/info\/library-sales<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The director of the Institute for Fiscal Studies (IFS) has said the incoming Labour government would have been aware, to a large degree, of &quot;how bad things are in terms of public finances&quot;. Speaking to Ali Fortescue on Sky&#8217;s Politics Hub, Paul Johnson said the IFS and many others &quot;made it clear&quot; that it would [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":171784,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[128811],"tags":[129721,135629,133688],"actors":[],"class_list":["post-171783","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sky-news","tag-director","tag-fiscal","tag-institute"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>&#039;Of course they knew&#039;: Labour government aware of poor state of public finances, says IFS boss | News ISC Videos<\/title>\n<meta name=\"description\" content=\"Watch &#039;Of course they knew&#039;: Labour government aware of poor state of public finances, says IFS boss for free, here on News ISC. 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