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TREASURY CHALLENGE: £30BN BUDGET DEFICIT

TREASURY CHALLENGE: £30BN BUDGET DEFICIT

Day: 11 | Time: 02:21:50 The British Treasury Chancellor, Rachel Reeves, is facing the prospect of a budget deficit of around £30 billion ($39 billion) that would hinder the new British government's ability to address the country's public services issues.

Chancellor of the Exchequer Rachel Reeves faces the prospect of a budgetary hole worth as much as £30 billion pounds ($39 billion) that would hinder the ability of the UK’s new government to fix the country’s ailing public services.