Posted 3/10/2024, 1:50:09 PM
Reeves: No Bailouts for Bankrupt Councils, Focused on Planning Reforms to Fund Public Services
- Labour will not bail out bankrupt councils, says shadow chancellor Rachel Reeves
- Reeves admits she won't be able to "fix all the problems straightaway" if she becomes chancellor
- Comments follow Birmingham City Council effectively declaring bankruptcy over £760m equal pay settlement
- Reeves focused on reforming planning system to boost tax revenue for public service investment
- Reeves says scrapping non-dom tax status an "utter humiliation" for the government