UK Chancellor Rachel Reeve’s latest budget has been criticized for its tax hikes during a day that saw several protests held across England…
The latest budget measures will raise tens of billions of pounds over the coming years, culminating in an extra £30 billion [$40bn] from taxes in 2030-2031, official figures showed.
Reeves also unveiled billions of pounds in spending measures, including an end to the two-child benefit cap and above-inflation rises to the minimum wage and pensions.
A group of soft left Labour MPs has welcomed the Chancellor’s decision to scrap the two-child benefit cap, while the leader of the Conservative Party said Reeves had lost credibility and trust with the public.
