Winner of General Election Faces Tricky and Costly Spending Decisions

A 'particularly tricky in-tray' of one-off and unavoidable costs awaits the winner of the general election , according to the Institute for Fiscal StudiesApril 10, 2024 6:00 am

The choice is perhaps particularly acute for Labour, which has been highly critical of Conservative spending decisions even after the austerity years and will face more natural pressure from its voters to turn around the flagging fortunes of public services.iron grip on spending commitments But here are some of the extra problems the next Downing Street will face alongside a wider squeeze on the public finances:A watchdog last month recommended compensation payouts of between £1,000 and £2,950 per person for the so-called Waspi women born in the 50s and affected by the rise in the state pension age to 65, level with men.

Increasing next year’s defence spending to 2.5 per cent would cost around £9bn a year according to the Council on Geostrategy think-tank. The Government has made interim payments of £100,000 to 4,000 surviving victims and bereaved partners but the cost is likely to rise as 30,000 people were given contaminated blood in the 70s and 80s on the NHS.

General Election Public Spending Compensation Schemes Defense Infrastructure Projects

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Two MPs quit in quick succession ahead of 2024 general electionJames Heappey has been one of the few ministers to remain in post throughout this parliament, having been Armed Forces Minister since February 2020.
Source: Metro Newspaper UK - 🏆 61. / 63 Read more »

Why mayoral elections matter for Yorkshire businesses in the run up to General Election: Beckie HartIn May, voters across England will elect 10 metro mayors, the most to date. By May 3 approximately 26 million people, or 44 per cent of the English population will be presided over by a mayor representing more than 50 per cent of English GDP.
Source: The Yorkshire Post - 🏆 39. / 66 Read more »

Former Preston councillor to stand as pro-Palestinian candidate in general electionMichael Lavalette Pic: Blog Preston A former Preston councillor is preparing to return to frontline politics by standing in the next general election. Mi
Source: blogpreston - 🏆 82. / 55 Read more »

Sunak faces another by-election test as scandal-hit MP resignsIt will mean a by-election test for the Government ahead of the expected general election later this year
Source: nottslive - 🏆 96. / 52 Read more »

Rishi Sunak faces fresh by-election headache after ex-Tory MP quitsThe Conservatives won Blackpool South in 2019 with a majority of just 3,690 votes
Source: i newspaper - 🏆 8. / 89 Read more »