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BBCNEWS Business Today September 4, 2024

Chief political correspondent henry zeffman. Can we start with that leaked letter from Simon Case which you have seen, what does it say . Well the last time we saw Rachel Reeves and Jeremy Hunt facing off, was when Rachel Reeves declared that shed got into office, looked at the bot books and discover there was a 22 billion Black Hole in public spending this year. Simon cayce says he would note. Let me translate the civil service speak. Hes basically that the previous Governments Decision not to revise. Was a big reason for uncertainty in public finances. Thats quite a claim from the cabinet, i suspect they wanted it to stay private but it got leaked to me do it to stay private but it got leaked to m it to stay ....

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BBCNEWS The Context September 4, 2024

But a report from the Scottish Fiscal Commission says while Uk Government policies have contributed to the pressure, much of it comes from the Scottish Governments own decisions. Heres our scotland editorjames cook. This is the reality of life less than four miles from the scottish parliament. A Community Centre handing out free bread to help the residents of muirhouse make ends meet. And yet, now, here and across scotland, the tough times could be about to get worse. Prolonged westminster austerity, the economic damage of brexit, a global pandemic, the war in ukraine, and The Cost Of Living crisis, have all placed enormous and growing pressure on the public finances. I must take further and more urgent action now to ensure that we c ....

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