FYI It's not the '£20 billion' that is the problem exactly.
The allegations are a further overspend not accounted for in the last budget. Namely that the cost of housing asylum seekers was not included in the figures and that a £9 billion contingency was spent multiple times over.
https://x.com/PJTheEconomist/status/1817933176930508802
Quote:
Rachel Reeves says £6.4bn overspend on asylum this year. Huge number. Does genuinely appear to have been unfunded.
|
https://x.com/BenZaranko/status/1817937159292117436
Quote:
Need to see the detail, but I think Rachel Reeves has grounds to be cross. The in-year funding pressures do genuinely appear to be greater than could be discerned from outside. The £9bn contingency ‘reserve’ has seemingly been spent several times over. It’s a mess.
|
That's from the IFS.
That said everyone is right to say the £20 billion was known about as was the fact a deal would need to be done with the Junior Doctors.