Chancellor’s tough approach to public spending ‘absolutely right’, says PM after cost of government borrowing rose
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The Treasury will be “ruthless” over public spending cuts to help meet the government’s fiscal rules at this summer’s spending review, Keir Starmer has said, despite previous promises over austerity.
The prime minister said on Monday Rachel Reeves was “absolutely right” to take a tough approach to public spending after a bruising week in which the cost of government borrowing rose and the value of the pound fell.
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