Reeves says she will make statement to MPs before summer recess on ‘spending inheritance’ left by Tories
Rachel Reeves is delivering her first major speech as chancellor.
She started by announcing that before the summer recess she will make a statement to MPs about the government’s spending inheritance. She said what she has seen in her first 72 hours confirmed that the economic situation was as bad as she thought.
She said:
I have repeatedly warned that whoever won the general election…