Facebook Pixel Labour pledges have left chancellor boxed in for budget | The Guardian Weekly - newspaper - इस कहानी को Magzter.com पर पढ़ें
मैगज़्टर गोल्ड के साथ असीमित हो जाओ

मैगज़्टर गोल्ड के साथ असीमित हो जाओ

10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ

$149.99
 
$74.99/वर्ष

कोशिश गोल्ड - मुक्त

Labour pledges have left chancellor boxed in for budget

The Guardian Weekly

|

October 18, 2024

Frustration grows among ministers forced to delay plans until after Rachel Reeves speech

- Toby Helm

Labour pledges have left chancellor boxed in for budget

Last Saturday Keir Starmer and his government had been in office for 100 difficult days. Far-right riots, rows between top officials in No 10, a furore over freebies in an administration claiming to be in the service of the nation. Starmer now refers to them as "choppy days" he insists will not push him off course.

For cabinet ministers in big spending departments, another frustration has mounted since they celebrated winning a landslide on 4 July: waiting for the budget. New governments - Labour's in 1997, and the Tory/Lib Dem coalition in 2010 - have tended to hold their first budgets in double-quick time to set direction and establish a clear sense of purpose.

The first budget by this Labour government will not happen until almost four months after it came to power, on 30 October. Under the fiscal transparency system Labour decided to bring in to restore confidence after Liz Truss, the Office for Budget Responsibility has had to be given time to look over the figures, do forecasts and check everything stacks up. All the while ambitious members of the cabinet have been tearing their hair out.

Reeves has, they say, locked herself away in the Treasury, agonising over what to do. "We can't get anywhere near her," one cabinet colleague said. "We can't get past Darren," they said, referring to Darren Jones, the chief secretary to the Treasury, who is Reeves's number two and effective gatekeeper.

The Guardian Weekly

यह कहानी The Guardian Weekly के October 18, 2024 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

The Guardian Weekly से और कहानियाँ

The Guardian Weekly

My boyfriend's use of AI stops him thinking for himself

My boyfriend of eight years, who is 44, has ADHD and runs his own business.

time to read

2 mins

February 27, 2026

The Guardian Weekly

The Guardian Weekly

'Our land lets us all breathe clean oxygen'

The Congo River basin is home to a biodiverse ecosystem-and a relentless trade in timber and charcoal

time to read

3 mins

February 27, 2026

The Guardian Weekly

The Guardian Weekly

Nations apart: Andrew's UK arrest highlights US passivity on Epstein files

It is a tale of two nations.

time to read

2 mins

February 27, 2026

The Guardian Weekly

The Guardian Weekly

Under water: Engulfed by storms, but climate denial grows

In the week between Christmas and the New Year, two Spanish men in their early 50s - friends since childhood - went to a restaurant and did not come home.

time to read

3 mins

February 27, 2026

The Guardian Weekly

The Guardian Weekly

The crown in court

A brief history of royal run-ins with the law

time to read

3 mins

February 27, 2026

The Guardian Weekly

The Guardian Weekly

Big in Beijing

James Balmont's band, Swim Deep, plays to crowds of hundreds across the UK - but in China, they play to tens of thousands. And they're not the only ones

time to read

3 mins

February 27, 2026

The Guardian Weekly

Trump's Board of Peace is serving private interests more than public good

In Gaza, aid still trickles in at levels relief agencies say are far below what is required.

time to read

2 mins

February 27, 2026

The Guardian Weekly

The Guardian Weekly

Needle drops Weight-loss pills are here - and big pharma stands to gain

Oral tablets could bring obesity treatment into the mainstream, with the sector predicted to be worth $200bn by the end of the decade

time to read

6 mins

February 27, 2026

The Guardian Weekly

The Guardian Weekly

How Italians gradually warmed to their Winter Olympics

With the atmosphere in Rome subdued as the Winter Olympics unfolded across northern Italy, travelling to the Games was not on Amity Neumeister's radar.

time to read

3 mins

February 27, 2026

The Guardian Weekly

The Guardian Weekly

Fire and fury

Violence erupts as security forces kill feared cartel boss.

time to read

1 min

February 27, 2026

Listen

Translate

Share

-
+

Change font size