EXCLUSIVE: The Chancellor is set to hike inheritance tax and capital gains tax in the October Budget after fuelling Government borrowing costs with her public sector pay bonanza.
Shadow chancellow took a swipe at the woman who replaced him last month, saying she must not use the latest data to bring in ‘tax rises she had planned all along’
This week we learned taxes will be going up. We knew it all along, of course, and warned people - although I accept we were beaten fair and square in the election.
Former Chancellor Jeremy Hunt rounded on his successor Rachel Reeves after she warned on Tuesday she 'will have to raise taxes' in her Budget on October 30.
Jeremy Hunt has responded to Rachel Reeves' accusation that he is a "liar" over almost £22bn of unfunded commitments that she said were “covered up from the country”.
Rachel Reeves called Jeremy Hunt a "liar" after accusing the previous government of leaving almost £22bn of unfunded commitments that it had “covered up from the country”.
The chancellor has said her predecessor Jeremy Hunt "lied" as she accused him of deliberately covering up the truth about the state of the UK's finances.
Chancellor Rachel Reeves said Tory Jeremy Hunt 'knowingly and deliberately' covered up the state of public finances, and went to say he 'lied' during the General Election campaign