Rachel Reeves has vowed to be 'honest' about more difficult decisions around spending

The video discusses the economic impact of a pay dispute in the National Health Service, costing the economy £1.7 billion and affecting 1.4 million appointments. It highlights the government's commitment to not increasing taxes on working people, despite a £22 billion fiscal gap. The speaker emphasizes the importance of transparency in public finances and criticizes previous government actions. The video concludes with a focus on pro-growth policies, including planning reforms, investment in future industries, and skills development to boost the economy.

What was the estimated economic cost of industrial action in the National Health Service last year?

• £1.7 billion

• £2.5 billion

• £1.2 billion

• £3.0 billion

Which group is primarily affected by the decision to limit winter fuel payments?

• Working professionals

• Pensioners receiving Pensioner Credit

• Students

• Business owners

What unexpected financial issue did the government discover after the election?

• An unexpected tax revenue increase

• A £5 billion deficit

• A surplus of £10 billion

• A £22 billion black hole

What initiative was created to attract private investment into future industries?

• National Wealth Fund

• Public Investment Bureau

• Future Industries Fund

• Private Sector Initiative

What is the government's strategy to escape the cycle of high taxes and poor public services?

• Raise taxes further

• Reduce public services

• Grow the economy

• Increase public spending