Criticism comes ahead of Treasury chief Rachel Reeves' speech on public finances
Labour Party to reveal significant shortfall in public finances
Previous Conservative administration defended their record, blamed COVID-19 pandemic
Starmer's office described the situation as 'broke and broken'
UK new government accused Conservatives of leaving Britain 'broke and broken'
LONDON — The United Kingdom's new government, led by Prime Minister Keir Starmer of the Labour Party, has accused the previous Conservative Party administration of leaving Britain in a state of financial crisis. In preparation for an upcoming major speech on public finances from Treasury chief Rachel Reeves, Starmer's office released a scathing assessment of the perceived failures under 14 years of Conservative rule.
The criticism comes as Reeves is set to reveal a significant shortfall in public finances during her address to the House of Commons on Monday. The new government has described the situation as 'broke and broken.'
Both Starmer's office and Rachel Reeves will blame the previous Conservative administration for this state of affairs, with Reeves expected to detail crises or chaos in various sectors such as housing, health, water, education, defense, transport and migration during her speech.
The Labour Party has also criticized the Conservatives for their handling of public finances throughout their tenure. Pat McFadden of the opposition party stated that 'the Tories have left a fiscal hole that will take years to fill.' Jeremy Hunt, former Chancellor under the Conservative government, defended his party's record and argued that they had faced unprecedented challenges due to the COVID-19 pandemic.
The new government's assessment of Britain as 'broke and broken' is a stark contrast from the Conservative Party's claims of economic success during their time in power. The Labour Party will use this narrative to justify their plans for higher taxes and increased spending in various sectors.