Britain is going into reverse and only massive public sector spending cuts can save us

UK in reverse

LABOUR has spent nine months in power pledging to bring economic stability and insisting the Tories’ £22billion “black hole”; in public finances had to be filled

So a report from business economists that Rachel Reeves’s jobs tax Budget will cost 200,000 jobs and slash £14.9billion from the economy is a devastating blow.

So, too, are figures revealing Sir Keir Starmer is on track to be the second-highest spending Prime Minister in history.

Only Boris Johnson — who had to deal with the staggeringly expensive combination of a global Covid pandemic and the Ukraine war — spent more than Labour’s planned £6.43TRILLION.

The Chancellor says she can save £2billion by axing thousands of cushy Civil Service jobs by 2030.

But that sum could be swallowed up by the likely £1.9billion hit to the Treasury in lost revenue as a result of her National Insurance rises.

After last week’s decision to back away from truly radical welfare reform, there are genuine fears that Labour is failing to back up tough talk with proper action.

Having inherited one of the best performing economies in the world, Britain is now going into reverse.

Saddled with a mountain of debt and with growth snuffed out by the Chancellor’s £40billion of tax rises last October, only massive public sector spending cuts can save us.

We will find out during the Spring Statement on Wednesday whether Starmer and Reeves have the stomach for it.

Last night Canada CUT taxes.

Would Labour consider doing the same?

Quit the court

THE failure of our broken justice system to tackle illegal migration is now so total that even Labour MPs are calling for Britain to quit the ECHR.

Amid rising fury among voters at foreign criminals using human rights laws to escape deportation, Red Wall MPs say we must leave this meddling foreign court.

Perhaps they should have a word with Labour Attorney General Lord Hermer.

He thinks it’s all going wonderfully.

Ace of the ring

Flying Eze has lost a journalistic titan.

Colin Hart was a one-off in the worlds of boxing and newspapers.

Not merely as a reporter of the ring but also as friend and confidant to the boxers whose stories he so brilliantly told.

Frank Bruno beautifully summed up his impact on the sport they both loved.

No one will ever lay a glove on him.