Reeves' five choices to turn government finances around

The news article discusses the chancellor's proposed actions to address the government's financial challenges. The key points are: 1. The chancellor's financial maneuvering space has diminished due to the scaling back of welfare reforms. 2. The chancellor has identified five main options to turn the government's finances around: a. Raising taxes b. Cutting public spending c. Delaying major infrastructure projects d. Scaling back public sector pay e. Extending the austerity program 3. The article notes that these measures could be politically unpopular and may face resistance from various stakeholders. 4. The chancellor is under pressure to find a balanced approach that addresses the financial issues while minimizing the impact on the public. Overall, the article highlights the chancellor's dilemma in finding effective solutions to improve the government's financial situation, given the limited options and potential political challenges.