Labour's Budget Criticised Repeatedly

This is a news story, published by MailOnline, that relates primarily to Rachel Reeves' news.

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Budget pain

MailOnline

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World

ANDREW NEIL: Labour's Budget looks worse by the day

Summary

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72% Informative

Rachel Reeves' first Budget was greeted with a cacophony of criticism which shows no signs of abating.

Attacks mounting as people trawl through the small print and find fresh horrors on every page.

It increases taxes by a record 41 billion a year, despite repeated Labour assurances that no major tax rises were necessary.

Living standards as measured by disposable income are predicted to grow almost as slowly until the end of the decade as in the previous decade .

OBR says although employers will initially pick up the tab, the cost will eventually be passed on to workers in the form of lower pay and fewer jobs.

Labour loyalists sent on to the airwaves to put lipstick on this pig of a Budget seem surprised by the backlash.

It underlines the fact that, from Starmer-Reeves down, not one senior figure in this Government has ever run a business, ever had to cope with rules and regulations that threaten the existence of their enterprise.

Some of this Budget pain might be justified if there was some great prize at the end of it.

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informal

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English

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