RACHEL Reeves will today announce she is axing the Conservatives’ vanity project of creating their own singularity for lack of funds.
The £20 billion black hole, which was the brainchild of Liz Truss, was to be sited on the South Bank by the London Eye and was expected to amaze visitors with its gravitational strength from which not even light can escape.
The chancellor said: “You can have a mysterious cosmic body in the heart of the capital or you can see an NHS dentist. Not both.
“I regret that, groundbreaking as the black hole was to be, projected visitor numbers were inflated, the tourism potential of something you cannot see was overstated, tickets would have been £50 minimum and it may have destroyed the Earth.
“We are not willing to sanction another Millennium Dome. Perhaps in five years, when the country is no longer in the red, we could create a dwarf star in Manchester. I’m sorry but it’s all we can stretch to.”
Nathan Muir of Bermondsey said: “I was looking forward to that. It would have brought money in and sent Hawking radiation out. Labour has no vision.”