The tremor in British duty after the image, which left the country in shock: Finance Minister Rachel Reeves, containing tears in the middle of the control session in the government in parliament. The image that will appear immediately after yesterday on Tuesday the executive director dealt a serious blow when he was forced to abandon some abbreviations in public assistance, which left the accounts disconnected. Storm, which He resurrects the fears of the crisis in the government, which won the election with the absolute crushing majority only 363 days agoField
The uprising occurred using a reduction plan to help disability and disease. The goal was to save about 4.4 billion pounds in 5 years, strengthening the requirements to benefit from these payments, but Party deputies refused to approve these reductionsAfter several days of negotiations, the final project will hardly reduce 1400 million, which leaves the hole in the accounts. The decision will be to raise taxes, the search for other reductions or violation of their goals for expenses, a number of options that caused concern in the markets.
All this forced the 10 -year bonus to rise a lot in the opening. But the image of the Reeves crying unleashed a panic: “gilding” jumped and reached UP 20 base points, above 4.65%Before rumors about his possible resignation. Daunition -Sustritis came immediately to support the minister, and representatives explained that Reeves cried for “personal reasons”. Some journalists pointed out the possibility that President of Parliament Lindsay Hoyle threw anger to the minister shortly before the session. But the image was there.
The Labor Government held last year, trying to put hereditary reports on the latest conservative governments. In recent months in power, Rishi Sunak launched expenses and approved tax drops to try to encourage votersWhich did not prevent the collapse of the historical party in the elections. What they achieved was to leave the “watch creature” for the Reeves, who tried to raise certain taxes (on farms, private schools or the inheritance of billionaires) and make a reduction in accounts affecting the smallest number of voters.
The problem is that his deputies, mainly moderate Social Democrats, do not accept to reduce the help of the poorest. The simplest solution is to increase the common tax, such as IRPF or VAT, but The Prime Minister, Keir Starmer, promised in the campaign so as not to touch. Tax revenues are already in the maximum of World War II, but the key is in expenses: games in the field of healthcare, pensions and means of impossibility caused historical maximums and do not cease to grow, which exerts pressure on the rest of the budget. To this is added that Brexit was a blow to the British economy 4% of GDPIn accordance with the budget office of responsibility.
https://www.youtube.com/watch?v=3RDV4MV6TU4YouTube video
Failure to quote a circle and a page of the years of stagnation and constant battles of the latest governments Tori squeezed Starmer in polls. Polls predict the victory for the minimum populist law on the reform of Great Britain, the headlights headed by Nigel, the ideologist and chief architect of Brexit, for a couple of points ahead of work. Conservatives went to third place and became next to the room in some surveys. The result is that Five matches (reform, labor, conservatives, liberals and green) are full of about 15 points of margin, in the electoral system intended for functioning only in two -party contextsA field if Starmer does not solve the economic crisis for four years, political chaos can be indescribable.