Rachel Reeves announced a 6.7% increase in the national minimum wage to 12.21, emphasizing Labour's commitment to supporting low-paid workers during challenging economic times.
Despite the Conservative legacy of economic challenges, Reeves expressed a positive outlook: "My belief in Britain burns brighter than ever. The prize on offer... is immense."
Reeves highlighted that the budget is designed to avoid austerity and instead enhance public services, stating it will provide funding for the NHS, affordable housing, and schools.
The chancellor's budget announcement is set to be the largest tax-raising budget in history, aimed at addressing public finance issues left by the previous administration.
Collection
[
|
...
]