Honesty's still the best policy as Chancellor Rachel Reeves counts cost of Tory rule
dailyrecord.co.ukThe Tories may be out of office but we are still counting the cost of their 14 failed years in power at Westminster. Labour tried to be as honest as possible with voters on the state of public finances.
It was no secret Rishi Sunak’s administration had left them in a dire state. But the true extent of the mess could not be fully known until Rachel Reeves arrived in the Treasury on July 5 and ordered an immediate review of all the Tories’ spending commitments.
The Chancellor was right to tear into the Conservatives yesterday when she delivered a blunt assessment of their reckless approach to taxpayers’ cash.Put simply, the Tories were committing money to pet projects they did not have.
The majority of the public will understand this and will understand Labour faces some difficult choices on spending.The ending of the winter fuel payment across the UK is just one example.The next Budget, due on October 30, will spell out in more detail just how Reeves plans to balance the books.But she has a difficult path to follow.
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