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Starmer says he is proud of Budget as he denies misleading public

Starmer denies misleading claims as Labour faces scrutiny over fiscal forecasts; budget includes £26 billion tax rises and aims to lift 450,000 children out of poverty, officials said.

  • On Monday Prime Minister Keir Starmer defended Treasury chief Rachel Reeves, saying `there was no misleading` in the run-up to last week's budget.
  • Three weeks before the budget, Rachel Reeves warned markets she might raise income tax, then reversed after a better finances update; the Office for Budget Responsibility assessed a £16 billion tax revenue shortfall.
  • The OBR's published records show the chancellor overstated the fiscal shortfall, while the Conservatives and SNP have asked the FCA to investigate pre-budget leaks and market impact.
  • MPs are expected to press Chancellor Rachel Reeves with urgent questions on Monday, and she will face media scrutiny including on the BBC's Sunday Morning programme with Laura Kuenssberg.
  • The Budget's 26 billion pounds in tax hikes will break the spirit of the no-income-tax pledge, as the Labour government plans welfare cuts and closer EU ties, risking internal and Conservative and Reform UK critics' backlash.
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Evening Standard broke the news in London, United Kingdom on Sunday, November 30, 2025.
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