Rachel Reeves cannot rule out tax increases in the autumn budget and has no intentions of resigning despite facing criticism from Labour backbenchers. She expressed regret over emotional moments during prime minister's questions but believes her experience would resonate with the public. A recent rebellion in Parliament has led to key welfare cuts being dropped, creating a £5 billion gap in the nation's finances. Reeves believes the next steps include a review by respected work and pensions minister Stephen Timms.
Rachel Reeves stated that it is impossible to rule out tax rises in the upcoming autumn budget, acknowledging the costs associated with the welfare bill's modifications.
During the interview, she emphasized her determination to remain in her position, stating, 'I didn't work that hard to then quit,' despite criticism from Labour backbenchers.
Reeves expressed regret over her emotional display during prime minister's questions but hoped her vulnerability would resonate with others who experience tough days.
She acknowledged the challenges presented by a recent backbench rebellion, which created a £5 billion financial gap, but expressed confidence in a review led by Stephen Timms.
Collection
[
|
...
]