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  • 2 months ago
The Prime Minister says the government faces a challenging financial position as households continue to deal with pressure on living costs. Ministers must explain how new spending commitments will be funded.

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00:00Prime Minister Andy Burnham has refused to rule out tax rises in the autumn budget.
00:06He says the public finances are in a challenging position,
00:09and any decisions on the matter will be carefully considered and funded.
00:13The budget is due on the 28th of October,
00:17with households already facing pressure from living costs.
00:20Burnham says measures, including a £2 bus fare cap
00:24and removing VAT from household electricity bills,
00:27are affordable because money has been moved from other priorities.
00:31But the government faces pressure to explain how its plans,
00:35including social care reforms, will be paid for.
00:38Chancellor John Healy has committed to sticking to the government's fiscal rules.

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