OBR letter blows lid on Reeves’ Budget fibs
Chancellor Rachel Reeves is under fire after a bombshell letter from the Office for Budget Responsibility (OBR) revealed she knew months ago there was no dire public finance crisis. Yet, she spun a grim tale to push through record-breaking tax rises.
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Just days before last week’s Budget, Reeves painted a doom-and-gloom picture blaming Brexit, austerity, and Donald Trump for a collapsing economy. She hinted at breaking Labour’s no income tax rise pledge and warned huge spending cuts if taxes stayed put.
This latest leak reveals Reeves’ Budget warnings as little more than a political smokescreen—misleading the public while hiking taxes to fund handouts, not fix the books.