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Awkward questions for Labour on tax as Reeves forced onto backfoot
Evening Standard
|June 19, 2024
LABOUR came under a tax spotlight today after Sir Keir Starmer appeared to leave the door open to savers being hit in a future budget.
Shadow chancellor Rachel Reeves was forced to deny that pensioners would lose out from a Labour government, and stressed that there would be no emergency budget immediately after the July 4 election. She said the Office for Budget Responsibility would be given 10 weeks to run the rule over her plans, after the chaos of the short-lived Liz Truss administration.
Ms Reeves was on the backfoot after Sir Keir said yesterday on an LBC phone-in that "working people" would be shielded from tax hikes but for the first time defined them as people who "don't really have the ability to write a cheque when they get into trouble".
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