Britain’s real black hole is far larger than £22bn – and far harder to close

Rachel Reeves has warned of a £22 billion ‘black hole’ in the public finances. But the reports published today by the Office for Budget Responsibility and Lord Darzi show that the real black hole is far larger – and driven by the cavernous gap between Britain’s spending commitments and its growth rates. The Office for... View Article The post Britain’s real black hole is far larger than £22bn – and far harder to close appeared first on The Centre for Policy Studies.