No tax increases to be announced by chancellor, Labour minister confirms
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Published 2024-07-29
Mr McFadden refused to confirm exactly how big the "black hole" in the budget is, but said it will require the new government to "take some difficult decisions".
He confirmed that today "is not about tax increases", but rather about spending, insisting that the manifesto pledge to not raise income tax, national insurance, and VAT stand.
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All Comments (21)
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Getting back the £54 million swindled by the Bulgarian family would be a good starter
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yeah, no tax increases, just lots of increases they will call by another name.
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Needs to be a strong push to recoup the vast amounts of money given to cronies and VIP lane candidates and stop funding US proxy wars! Spend on England, manufacturing, education and NHS and infrastructure.
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the 20 billion black hole is from what they want to spend not a black hole in the accounts
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Liar, everyone who was paying attention knew this was coming down the line.
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No tax increases is a far cry from promising no increases in 3 particular types of taxation.
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There is a massive difference between, “ worse than we thought” and “ worse than we were led to believe”…. this is the key !!!!!
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Yawn........more gasliting by a politician. No wonder the electorate are sick and tired of the same old rhetoric.
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That doesn’t mean, there will be no new taxes
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The 401 tonnes of gold Gordon Brown sold at the bottom of the market for 3.5 billion, now worth over 21 billion, would be very useful now.
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Get rid of wasteful spending
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This man is a MP who when asked a straight question answers it with a question. Even after their stance during the election, of calling Tories instead of answering questios . They still do the same in power.
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Liers who lie have to make bigger lies to cover all the lies.
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They said the cuts wont effect the NHS, surely not building hospitals or upgrading them effects the NHS.
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Did Rishi throw the election on purpose? 😂
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Labour needs to pay off their bankrupt councils.
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They either have to raise taxes or cut services or both, but labour knew all this, but in the election kinda didn't want to mention it
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Labour's Asylum policy is to legalise it and rubber stamp 100,000 .
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From now on when this government spends anything we want to see the receipts. They need to go public. I want to know where every penny goes. Receipts, receipts, receipts.
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Labour say this every time they get into power, 700million was canceled by labour so this loss is partly fault too
