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Bailey contradicts Reeves’s claim that economy has ‘turned a corner’

  • Shevaun Haviland urged the Chancellor not to raise taxes again due to fears that Reeves may need more tax increases.
  • Sir Keir Starmer stated that Labour's tax rates on companies have been challenging and counterproductive for businesses.
  • The Chancellor emphasized that economic growth must drive revenue, not taxation, for sustainability.
  • The Prime Minister acknowledged that he has asked a lot from businesses this year to stabilize the economy.
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Bias Distribution

  • 60% of the sources lean Right
60% Right
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Spectator UK broke the news in London, United Kingdom on Wednesday, June 25, 2025.
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