Rachel Reeves emphasized that tomorrow's Budget will mark just the beginning of painful measures aimed at rectifying the extensive damage caused by 14 years of Tory governance. She expressed concern about the looming tax increases set to be announced, asserting that they will not only burden the citizens but also represent a failure to stimulate the economy as intended, as many measures are being perceived as problematic regarding their impact on growth.
During a press briefing, Reeves reiterated the government’s commitment to avoiding a return to austerity measures, a position outlined in their manifesto and conference speeches. She highlighted the urgency of addressing the current state of the NHS, which she described as being on its knees after years of underfunding. Reeves asserted that there will be an immediate cash injection into public services to provide necessary support.
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