"The Chancellor has been accused of lying to the British public as the Office for Budget Responsibility (OBR) has said there was no need for the soaring tax increases which will impact millions of voters. In September the OBR told Rachel Reeves that this alleged "black hole" is in fact £2.5 billion and by 31 October it went up to £4.2 billion. Reeves has played the blame game insisting there is a black hole and "asked" Brits to do their bit to pay £30 billion in record high tax hikes, however, the OBR has said there was no need for this."
"The Chancellor told Brits and MPs in the House of Commons on Wednesday whilst delivering her Autumn Budget that a series of new taxes is needed to cover the massive deficit that she alleges she was left with to offset giving those on benefits street a pay rise."
"Last night Labour MP Richard Burgon said the his party's workers rights U-turn is a "clear breach of the manifesto." He said, "The removal of day one rights on unfair dismissal is bad enough in itself. But big business and the powerful anti-workers' rights brigade will have scented blood and they'll now be pushing to dilute this legislation further. "With multiple consultations still underway on how this legislation will be implemented, the entire Labour movement will need to stay absolutely vigilant"
The Office for Budget Responsibility determined there was no need for the large tax increases introduced, identifying an alleged shortfall of £2.5 billion in September that rose to £4.2 billion by 31 October. The Chancellor requested taxpayers cover about £30 billion in record tax rises and said new taxes were needed to cover a deficit linked to benefit payment increases. Conservative MPs and campaign groups accused the Chancellor of lying and of raising taxes to fund increased welfare spending. Labour MP Richard Burgon condemned a workers' rights U-turn and warned that protections could be further diluted.
Read at London Business News | Londonlovesbusiness.com
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