Budget Controversy and Political Backlash
Rachel Reeves warned of income tax increases three weeks before the budget but reversed after improved financial data.
The Office for Budget Responsibility found a £16 billion tax revenue shortfall, but records show the chancellor overstated the fiscal shortfall.
Conservatives and SNP asked the Financial Conduct Authority to investigate pre-budget leaks and market impact.
MPs will question Rachel Reeves on Monday, with media scrutiny including BBC's Sunday Morning programme.
The Budget's £26 billion tax hikes contradict Labour's no-income-tax pledge, risking backlash from internal and external groups.
1 month ago