The Chancellor has admitted to being incorrect in stating that taxes would not rise during the election campaign, leading to further backlash over a proposed £40 billion tax plan.

Pensioners are reportedly experiencing significant reductions in their winter fuel payments, leading to widespread concern about their ability to afford essential items like food and heating.

Rachel Reeves has acknowledged that working individuals will experience lower pay increases due to the tax measures in the newly proposed budget, which includes a £40 billion plan impacting businesses.

Rachel Reeves has introduced substantial tax increases, proposing a £40 billion budget aimed at addressing economic challenges and boosting funding for the NHS, while facing criticism for the potential impact on families and businesses.