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At the Liberal Democrats' conference, Daisy Cooper criticized Conservative leadership candidates for focusing on niche culture war issues instead of pressing public concerns like healthcare. Meanwhile, Sir Ed Davey emphasized the need for reform and investment in the NHS, positioning the Lib Dems as a constructive opposition to the government.
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Labour's government is under scrutiny for alleged cronyism following the appointment of party donors to key civil service roles. Prime Minister Keir Starmer defends these appointments, while the Conservatives demand transparency regarding the hiring processes. The controversy includes the granting of a Downing Street pass to major donor Lord Waheed Alli and the appointment of Ian Corfield at the Treasury.
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A new biography by Sir Anthony Seldon critically examines Liz Truss's brief 49-day premiership, highlighting her unrealistic economic plans and chaotic decision-making. The book reveals her consideration of drastic cuts to NHS cancer treatment amid the fallout from her mini-budget, which triggered a financial crisis in the UK.
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The Labour government claims to have inherited a £22bn 'black hole' in public finances from the Conservatives, prompting cuts to winter fuel payments. Economists argue that some financial pressures were foreseeable, as highlighted by a recent Institute for Fiscal Studies report on asylum spending overshoots.
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As Prime Minister Keir Starmer navigates a challenging economic landscape, he warns of painful decisions ahead due to a financial deficit inherited from the Conservatives. The government is preparing for tax increases and spending cuts, with a budget announcement scheduled for October 30, 2024.
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As the Labour government prepares for its first budget, it confronts a projected £22 billion shortfall inherited from the Conservatives. Chancellor Rachel Reeves has announced cuts, including the winter fuel payment for pensioners, while civil service head Simon Case criticizes the previous government's financial management. The upcoming budget is expected to be painful.
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Following Labour's recent election victory, concerns have emerged regarding the financial state inherited from the Conservatives. Key figures, including Andy Haldane, criticize the government's handling of the fiscal 'black hole' and warn against austerity measures that could hinder economic recovery.