Finance minister to reveal fiscal audit of 'broke and broken' Britain

London (AFP) – Finance minister Rachel Reeves will on Monday claim Britain is "broke and broken" when she reveals the findings of an assessment into the country's public finances ahead of a forthcoming budget. Reeves, appointed to the role following the centre-left Labour party's landslide election victory on July 4, will tell MPs the previous Conservative government "overspent this year's budgets by billions of pounds".

She will say this occurred through "a series of unfunded promises"...