"The evidence is clear, and plain for all to see, there is simply no reason or excuse to raise taxes'
Daily Express|August 22, 2024
CHANCELLOR Rachel Reeves has "no reason or excuse" to raise taxes and is presiding over an economic con, her predecessor said.
Katie Harris and Michael Knowles
"The evidence is clear, and plain for all to see, there is simply no reason or excuse to raise taxes'

Jeremy Hunt's stinging criticism comes as Ms Reeves is set to hike inheritance and capital gains tax in her October 30 Budget - after fuelling Government borrowing costs with her public sector pay bonanza.

She is expected to ignore betterthan-expected growth growth figures, improving retail sales and low inflation, and inflict yet more pain on cash-strapped families.

Writing in the Daily Express today, Mr Hunt, now Shadow Chancellor, says: "Just last week, we saw two sets of positive economic news with inflation remaining low and GDP figures confirming that our strong and resilient economy continues to grow with some economists even describing it as 'gangbusters'.

"But what has the Chancellor's response been? To continue to try and talk down the economy in a desperate attempt to bend reality to try and fit her narrative.

"Shouldn't it be a Chancellor's job to promote the UK economy? "The evidence is clear and plain for all to see: there is simply no reason or excuse to raise taxes.

"These are tax rises she has planned right from the beginning, but simply did not have the cour age to tell the British public about during the election."

Shadow Chief Secretary Laura Trott added: "By delivering inflation-busting pay rises, Rachel Reeves has made clear her fabricated narrative on public finances simply does not add up and the public can see that.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM DAILY EXPRESSView all
Howe backs ex-Toon Anderson for England
Daily Express

Howe backs ex-Toon Anderson for England

EDDIE HOWE is convinced Elliot Anderson is destined for an England call-up soon - despite Newcastle selling him for just £15million last summer.

time-read
1 min  |
November 09, 2024
THE I WANT TOP JOB AT UNITED ONE DAY
Daily Express

THE I WANT TOP JOB AT UNITED ONE DAY

Van Nistelrooy is content to help Amorim turn Reds around but says:

time-read
2 mins  |
November 09, 2024
Elephant Mary is the queen of clean
Daily Express

Elephant Mary is the queen of clean

ASIAN elephant Mary indulges in some clean living watched by scientists who hailed her the \"queen of showering\".

time-read
1 min  |
November 09, 2024
UK's silly knee-jerk reactions
Daily Express

UK's silly knee-jerk reactions

THE DETROIT car repair shop owner shook his head impatiently at the British TV reporter, who'd just asked him, almost incredulously, how America could have elected \"a man like Trump\" as its 47th president.

time-read
1 min  |
November 09, 2024
Nurse, 58, died after just two doses of weight-loss injection
Daily Express

Nurse, 58, died after just two doses of weight-loss injection

A HOSPITAL bed manager died after two low doses of a weight-loss injection that was recently approved for use on the NHS.

time-read
2 mins  |
November 09, 2024
Friend denies he abandoned Liam Payne before fatal fall
Daily Express

Friend denies he abandoned Liam Payne before fatal fall

A FRIEND has denied abandoning Liam Payne before the singer plunged to his death from a hotel balcony.

time-read
1 min  |
November 09, 2024
J goes Lo-cut in London...
Daily Express

J goes Lo-cut in London...

JENNIFER Lopez has fashion all tied up as she hits the town in a plunging black dress held together by only a bow.

time-read
1 min  |
November 09, 2024
My 'sociopath' jibes in 2018 are old news says Lammy
Daily Express

My 'sociopath' jibes in 2018 are old news says Lammy

DAVID Lammy insisted his controversial comments about Donald Trump are \"old news' - but issued a warning to Washington over trade tariffs.

time-read
1 min  |
November 09, 2024
Fears grow on US support for Kyiv
Daily Express

Fears grow on US support for Kyiv

BRITISH troops could be ordered to enforce a buffer zone on the Ukrainian frontline under plans being considered by Donald Trump, it was revealed last night.

time-read
1 min  |
November 09, 2024
Trump's foes fear for their futures after his promises to wreak revenge
Daily Express

Trump's foes fear for their futures after his promises to wreak revenge

DONALD Trump's enemies were last night planning their political survival after fears grew he would follow through on his promise of revenge following his election win.

time-read
3 mins  |
November 09, 2024