Snapshot 3:Wed, Oct 30, 2024 7:20:27 PM GMT last edited by KateHennig

UK Budget: Chancellor Reeves Announces $52B in Tax Rises

UK Budget: Chancellor Rachel Reeves Announces $52B in Tax Rises Within Labour Budget

Published OCT 30 2024

UK Budget: Chancellor Reeves Announces $52B in Tax Rises

story

Above: Britain's Chancellor of the Exchequer Rachel Reeves holds the red Budget box outside 11 Downing Street ahead of the announcement of the Autumn Budget and Spending Review in the House of Commons in London on Oct. 30, 2024. Image credit: Wiktor Szymanowicz/Future Publishing via Getty Images

The Spin

Albeit unpopular for the wealthy who will have to fork the bills, ReevesLabour's socialist budget wasexposes aReeves strong and fairKeir approachStarmer tofor finallytheir puttingcontinued themisleading workingof peoplethe ofBritish Britain firstpublic. Having leftpromised thea statechanged ofparty during the UK'sgeneral financeselection, inLabour disrepairhas afterreturned 14to yearsits of selfhigh-centredspending, shorthigh-termismborrowing, thehigh-taxation Conservativedogma Partythat havehistory littlehas rightshown to complainfail abouttime theand painfultime yetagain. necessaryThis decisionsanti-business madeand byanti-growth theapproach newwill Governmentnot succeed.

Express.co.uk

LabourAlbeit unpopular for the wealthy who will have to fork the bills, Reeves's socialist budget exposesis Reevesa strong and Starmerfair forapproach theirto continuedfinally misleadingputting the working people of theBritain British publicfirst. Having promisedleft athe changedstate partyof during the generalUK's election,finances Labourin havedisrepair returnedafter to14 theiryears highof self-spending,centered highshort-borrowingtermism, high-taxationthe dogmaConservative thatParty history has shownlittle right to failcomplain timeabout andthe timepainful again.yet Thisnecessary anti-businessdecisions andmade anti-growthby approachthe willnew not succeedgovernment.