Rachel Reeves tightens departmental spending ahead of budget
Source: BBC
Faisal IslamEconomics editorPA MediaRachel Reeves has told her cabinet colleagues that government departments will have their access to the Treasury's emergency funds limited ahead of the budget, BBC News understands.The £9bn Treasury Reserve, designed to be used for "genuinely unforeseen, unaffordable and unavoidable pressures" has recently been used to fund higher public sector pay and compensation payouts.In a…
This is aggregated or syndicated coverage. Reporting and media belong to the original publisher.
Read the original source at BBC