How did Rachel Reeves suddenly find billions for Ukraine?
No new borrowing. No tax rises. No magic money tree.
Her solution is much more clever – because it also benefits you and me:
No new borrowing. No tax rises. No magic money tree.
Her solution is much more clever – because it also benefits you and me:
Comments
Reeves made some tough calls in the Budget to plug the £20bn black hole left by the Tories.
So there was only one way to find money for Ukraine. She had to make existing commitments work harder…
The NWF partners with private investors to back infrastructure projects that tackle climate change and drive growth.
It has £27.8bn to play with, so here’s what Reeves did:
It’ll now invest in defence projects as well as infrastructure.
That’s clever because it avoids the need to spend new money. But there’s an even bigger benefit…
Usually a government could just send billions to some American company. This is a homegrown effort.
And that’s not the only smart way Labour is funding Ukraine…
Putin is effectively funding a war against himself!
So next time someone complains Labour is funding Ukraine instead of public services, show them this.
Clear the Lobby explains the bills MPs are voting on each week.
Get it free here: https://clearthelobby.co.uk
The scope was then expanded to include defense funding.
Or did I misread?
she's just imposing austerity on the uk bcos she's a tory.