Rachel Reeves and the £22bn black hole

Rachel Reeves, the Chancellor of the Exchequer, claims a £22 billion financial shortfall was concealed by the previous Conservative government. Joined by economic journalist Larry Elliott, they dissect the far-reaching consequences of this alleged mismanagement, from cuts in public services to changes in pensioner support. The conversation also tackles the delicate balance of funding infrastructure while addressing public sector wage demands amidst a financial crisis, touching on the complexities of tax strategies and political implications.