Rachel Reeves acknowledged her earlier statement about tax rises, admitting to a lack of knowledge regarding the public finances. She emphasized that further tax increases aren't necessary post-budget.
In her Sky appearance, Reeves stated, "There’s no need for another big tax-raising budget… we've now set the spending envelope for the remainder of this parliament." This indicates a commitment to managing finances without additional tax hikes.
Reeves reinforced her party's manifesto pledge, saying, "There would be no tax increases on working people," signifying a clear direction towards fiscal accountability in light of previous financial mismanagement.
On BBC, Reeves defended her fiscal strategies, especially regarding employer national insurance increases, hinting that despite the financial pressure on certain sectors, the government had to prioritize budgetary goals.
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