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UK's Reeves says she did not mislead public on the budget
Rachel Reeves defends £26 billion tax rises linked to a £16 billion productivity downgrade and welfare spending, rejecting claims she misled the public about the fiscal outlook.
- On Sunday, Chancellor Rachel Reeves insisted she `of course` did not lie when she warned in early November that weaker productivity would mean lower tax receipts, defending tax rises as necessary to build headroom.
- The OBR downgrade showed, costing 16 billion in expected tax receipts, prompting Reeves to warn in early November that weaker productivity would mean `lower tax receipts`.
- Official figures indicate a £4.2 billion surplus under Reeves' borrowing rules, partly offset by higher inflation and wage growth, supporting her investment in NHS and bill cuts.
- The opposition has responded by the Conservatives and Scottish National Party writing to the Financial Conduct Authority for an investigation, while Kemi Badenoch, Conservative leader, called Reeves' remarks `misleading` and urged her resignation on Sunday.
- Policy choices such as reversing the two-child cap mean 450,000 children will be lifted out of poverty and parents will get more support from April next year.
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Reeves denies she misled public over UK's finances prior to Budget
18 minutes agoShareSaveJennifer McKiernanPolitical reporterShareSaveChancellor Rachel Reeves says she can be trusted with the country’s finances and has been “clear” about reasons for her decisions, following claims she misled the public in the run-up to her Budget.In an interview for BBC One’s Sunday with Laura Kuenssberg, Reeves was challenged to explain why she had repeatedly warned about a downgrade to the UK’s economic productivity forecast…
Rachel Reeves denies misleading public over 'black hole' claims ahead of Budget - Latest From ITV News
Watch the latest from ITV News - The Chancellor has defended her Budget measures following a row over her claim that she faced a £20 million gap in meeting her fiscal rules,
·London, United Kingdom
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Total News Sources33
Leaning Left6Leaning Right6Center9Last UpdatedBias Distribution43% Center
Bias Distribution
- 43% of the sources are Center
43% Center
L 29%
C 43%
R 28%
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