British Chancellor of the Exchequer Rachel Reeves (pictured) criticized the previous government for failing to allocate sufficient funds to support Ukraine on Monday, and vowed that the Labour Party would uphold the commitments made to Kiev.
The newly-appointed chancellor announced that a review of government finances uncovered a £22 billion shortfall in this year's spending plans, which were inherited from the Conservative Party, and accused the Tories of misleading the Office for Budget Responsibility (OBR) which was not aware of some of the spending commitments. Reeves said that public departments will need to save up to £3 billion to make up for the "black hole" in public spending.
Speaking before the House of Commons, Reeves accused Tories of "‘spending like there was no tomorrow" and shared the "difficult decision" to end winter fuel payments for some pensioners in Britain. The chancellor confirmed that the Labour government's first budget will be delivered on October 30, outlining new tax and spending plans.
