Reeves' Budget: A Bold Shift from Truss' Mini-Budget
According to a senior government official, Rachel Reeves' recent Budget is “very, very different” from the mini-Budget introduced by Liz Truss two years ago.
According to a senior government official, Rachel Reeves' recent Budget is “very, very different” from the mini-Budget introduced by Liz Truss two years ago.
Chancellor Rachel Reeves anticipated the need for extensive explanations regarding her Budget. The backlash from taxpayers facing a near-record tax increase was expected to be severe, but Reeves views the political discomfort as a necessary sacrifice.
Chancellor Rachel Reeves anticipated that her Budget would require extensive explanation. The backlash from taxpayers facing a near-record tax increase was expected to be severe, yet Reeves believes that any political discomfort now is justified.