Source: BBC News [UK state media]
“The Budget will embrace the ‘harsh light of fiscal reality’ but ‘better days are ahead,’ Sir Keir Starmer has said in a speech ahead of Wednesday’s announcement. Speaking in Birmingham, the prime minister said his government would take ‘tough decisions,’ opting to raise taxes in order ‘to prevent austerity and rebuild public services.’ … The Conservatives have accused Sir Keir of breaking Labour’s election promises on tax. In its general election manifesto, Labour promised not to increase taxes on working people — explicitly ruling out a rise in VAT, National Insurance or income tax.” [editor’s note: How is the government not taking more of your money “austerity,” but you having less not “austerity?” – TLK] (10/28/24)