Labour confronts £20bn black hole

Has Nigel Farage played his trump card by announcing that he will resign as MP for Clacton and fight a by-election there, or will the move backfire? After mounting pressure over donations from wealthy backers, he insisted he has “done nothing wrong” and that he would fight “the e ...  Show more

Andy Burnham’s big idea for government is to shift power out of Westminster. In his first major speech setting out his plans for government, he outlined his vision this week for a No 10 North and to devolve a range of powers to mayors and councils. But how would his blueprint for ...  Show more

Chancellor Rachel Reeves says she's discovered a "£20bn black hole" in the public finances left by the previous government.      In the Commons, she set out her plans to address the funding shortfall through spending cuts, as shadow chancellor Jeremy Hunt accused Labour of using ...  Show more

With a £22bn ‘black hole’ in the public finances, the new chancellor Rachel Reeves has difficult decisions to make ahead of Labour’s autumn Budget next month. How might this hole be plugged, and where might tax rises land? In this episode, Dan Neidle, founder of think-tank Tax Po ...  Show more

Rachel Reeves' first statement as the new Chancellor has kicked off a huge political row. She accused her predecessor Jeremy Hunt of lying about the 'true state' of the UK's finances - and he hit back calling her ‘shameless’. So was there actually a ‘cover up’ by the previous gov ...  Show more

• We’re live in Liverpool on Mon 23 Sept for Labour’s first conference in government. Join Dorian Lynskey, Raf Behr, Jonn Elledge and a special guest TBA – tickets here Rachel Reeves revealed a £20bn black hole in public finances in a speech on Monday. How did the Tory Party let ...  Show more