🚨 NEW: The IFS has backed Rachel Reeves’s claim that Labour inherited a worse financial situation than expected, criticising the Home Office for ‘woeful’ budget figures under the Tories that underestimated asylum costs
The budget for 3 years was £320m, but spending hit £7.9bn
That’s … even worse than the headline! Not only did the budget not include the £4000m yearly cost, it actually said that it expected -£230m (making money not spending money)