Criticises Budget Cut

Britain’s Labour Budget: bold ambition, uncertain prospects

Rachel Reeves must now deliver on her investment plans, or taxes will rise even further

World - Financial Times - Yesterday

Chancellor Rachel Reeves has announced a raft of changes to taxes and spending in the Budget.

Reactions to the Budget, which saw large rises in both tax and public spending, lead the papers.

The government's fate will depend on whether it can make things better, says political editor Chris Mason.

Rachel Reeves’ tax-raising measures come after she pledged not to be a levy-hiking chancellor

World - Financial Times - 16 hours ago

Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowing

World - Financial Times - 16 hours ago

Economists say tax rises in the Budget will mean employers have less to give as pay rises.