The Rest Is Money cover image

78. What impact would another Trump presidency have on the UK?

The Rest Is Money

CHAPTER

Revealing the Black Hole in Public Finances

The chapter delves into the revelation by Rachel Reeves about a significant black hole in public finances, leading to a crisis in funding for essential services like prisons and the military. It discusses hidden liabilities like the cost of maintaining nuclear defense capabilities contributing to an estimated 50 billion-pound deficit. The episode explores the challenges the current government faces in addressing the financial crisis without resorting to austerity measures or breaking tax-related promises.

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