A projection from the state’s Revenue Estimating Conference says that the state will bring in less tax revenue in the next budget year than what the state is currently spending.
True, Ms Reeves has some firefighting to do: she needs to find £20bn-30bn ($26bn-39bn, or 0.7-1.1% of GDP) a year just to stop Britain’s feeble public services from crumbling further, and ideally a ...