From #HS2 to the #NHS, #Britain doesn’t cut costs. Disastrously, it just cuts corners

#ShortTermist and kneejerk decisions to ‘#BalanceTheBooks’ always end up with the exchequer paying out more for less
https://www.theguardian.com/business/2024/apr/07/from-hs2-to-the-nhs-britain-doesnt-cut-costs-disastrously-it-just-cuts-corners
#ToryPoliciesInAction #Austerity #ToryFinancialIncompetence #IdeologyBeforeCountry

#Chancellor to raise #UK government #borrowing to fund #budget measures – #OBR

#OfficeForBudgetResponsibility says #NationalInsurance and #tax cuts will be paid for by average £8bn-a-year borrowing to 2028-29
https://www.theguardian.com/uk-news/2024/mar/06/chancellor-to-raise-uk-government-borrowing-to-fund-budget-measures-obr
#ToryPoliciesInAction
#ToryFinancialIncompetence

#JeremyHunt’s ‘dubious’ financial planning lacks credibility, says #IFS

#Chancellor should resist temptation to announce #UnfundedTaxCuts in March #budget, advises leading thinktank
https://www.theguardian.com/uk-news/2024/feb/27/jeremy-hunts-dubious-financial-planning-lacks-credibility-says-ifs
#ToryPoliciesInAction #Economy #ToryFinancialIncompetence

#Hospital admissions for easily treatable #STIs rise amid funding cuts in #England

#Council spending on #SexualHealthServices down by more than a third since 2013, #Guardian analysis finds
https://www.theguardian.com/society/2024/feb/16/hospital-admissions-for-sexual-health-conditions-rise-amid-funding-cuts-in-england
#ToryPoliciesInAction #Austerity #UnderfundingPublicServices #ToryFinancialIncompetence #IdeologyBeforeHealth

#RishiSunak’s promise to grow the #economy ‘in tatters’ as #UK enters technical #recession – business live

UK economy shrank by 0.3% in October-December, worse than expected, putting UK in a technical recession in a blow to the PM

UK economy in recession as households cut spending

https://www.theguardian.com/business/live/2024/feb/15/uk-gdp-report-economy-growth-stagnation-technical-recession-jeremy-hunt-rachel-reeves-business-live
#ToryPoliciesInAction #Austerity #ToryFinancialIncompetence

Disastrous #Truss #budget forced #UK #councils to take out massive 50-year #loans at soaring rates

#DebtManagementOffice figures show lasting impact of mini-budget that spooked #FinancialMarkets, says Labour’s #AngelaRayner
https://www.theguardian.com/society/2024/feb/10/disastrous-truss-budget-forced-uk-councils-to-take-out-massive-loans-at-high-interest-rates
#ToryPoliciesInAction #ToryFinancialIncompetence

'#Pension income needed to #retire jumps as family #costs rise.

The rising #CostOfLiving and an expectation to offer financial support to grandchildren had pushed up the income required by £8,000, it said'

https://www.bbc.co.uk/news/business-68222807.amp

#ToryPoliciesInAction #BrexitBonus
#ToryFinancialIncompetence

#HomeOffice asks for emergency £2.6bn after asylum seeker hotels overspend

Select committee chair has questioned why cost of housing asylum seekers was not included in department’s original estimates
https://www.theguardian.com/politics/2024/feb/01/home-office-asks-for-emergency-26bn-after-asylum-seeker-hotels-overspend
#ToryPoliciesInAction #ToryFinancialIncompetence