Rachel Reeves has denied imposing a new round of austerity despite ordering a five percent cut in departments as part of her spending review. She insists that 'the difference here is that we're not asking for cuts because we've set real terms increases to government spending'.
Critics on the left have warned that this latest round of savings amounts to another wave of austerity, akin to policies imposed by former Tory Chancellor George Osborne after the banking collapse, which triggered significant public backlash.
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