Chancellor risks sinking Britain with debt burden

RACHEL Reeves has left the country in no doubt that tax-and-spend Labour is back with a vengeance.

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Yesterday's spending review put the country on a grim, one-way road to tax hikes in this year's autumn Budget.

Shadow Chancellor Mel Stride was absolutely right as he denounced the Chancellor's plans as a “fantasy” based on a dangerous “spend now, tax later” model of economics. She has already loosened the country’s borrowing rules — and households across Britain who live within their means will be looking on in horror at the decisions taken within a debt-addicted Treasury.