“The chancellor has spoken previously about getting value for money,” the PM’s spokesman says when asked about this @bloomberg.com story. Says No10 will not provide a running commentary ahead of spending review negotiations.
Reposted from
Alex Wickham
Treasury has told unprotected depts to prepare for ‘flat cash’ budgets at spending review
Would mean big cuts after inflation
Likely worst-case model in event of another bond rout
But threatens austerity 2.0
w/ @philaldrick.bsky.social @ellenmilligan.bsky.social www.bloomberg.com/news/article...
Would mean big cuts after inflation
Likely worst-case model in event of another bond rout
But threatens austerity 2.0
w/ @philaldrick.bsky.social @ellenmilligan.bsky.social www.bloomberg.com/news/article...
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