We collect cookies to analyze our website traffic and performance; we never collect any personal data.Cookies Policy
Accept
Michigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
Reading: Starmer refuses to repeat chancellor’s vow to not increase taxes once more
Share
Font ResizerAa
Michigan PostMichigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
© 2024 | The Michigan Post | All Rights Reserved.
Michigan Post > Blog > Politics > Starmer refuses to repeat chancellor’s vow to not increase taxes once more
Politics

Starmer refuses to repeat chancellor’s vow to not increase taxes once more

By Editorial Board Published November 27, 2024 5 Min Read
Share
Starmer refuses to repeat chancellor’s vow to not increase taxes once more

Sir Keir Starmer has refused to repeat a promise made by the chancellor that the federal government won’t increase any extra borrowing or taxes.

Tory chief Kemi Badenoch challenged the prime minister to double down on Rachel Reeves’ dedication on the Confederation of British Trade (CBI) convention on Monday.

Politics Reside: Starmer says ‘we had an enormous petition’ already as he dismisses election calls

Ms Reeves advised enterprise leaders she is “not coming back with more borrowing or more taxes” as she defended measures introduced in her price range.

Requested to repeat the pledge, Sir Keir advised Prime Minister’s Questions (PMQs): “I am not going to write down the subsequent 5 years of budgets right here at this despatch field.

“We said we wouldn’t hit the pay slips of working people. We passed the budget, we invested in the future, and kept that promise.”

Ms Reeves’ price range has confronted sharp criticism from main UK companies who’ve mentioned the expensive coverage measures will drive them to boost costs and minimize jobs.

The chancellor introduced £40bn value of tax rises, with the lion’s share coming from a £25bn improve in employers’ Nationwide Insurance coverage (NI) contributions.

Critics embrace the boss of biscuit large McVitie’s, who warned it was “becoming harder to understand” the case for investing within the UK after the chancellor’s choices.

Picture:
Rachel Reeves is dealing with a backlash over her price range. Pic: PA

Ms Badenoch seized on these feedback, saying that “while the prime minister has been hobnobbing in Brazil” – referring to his attendance ultimately week’s G20 Summit – “businesses have been struggling to digest his budget”.

Responding, Sir Keir accused her of “wanting all the benefits of the budget” with out paying for it.

He claimed she had “racked up £6.7bn of unfunded commitments in just three weeks as leader of the opposition” and famous that she hasn’t mentioned if the Conservatives would truly reverse the federal government’s NI rise.

“They really haven’t got a clue what they’re doing,” he added.

Learn Extra:Airports be part of price range backlash with warning of enterprise charges ‘disaster’Jobcentre reforms at coronary heart of Labour’s plan to ‘get Britain working’

Please use Chrome browser for a extra accessible video participant

5:34

CBI chief on price range tax pressures

The employer NI rise was essentially the most controversial ingredient of Labour’s price range, as they’d promised throughout the election marketing campaign that nationwide insurance coverage would not go up, alongside earnings tax and VAT.

Ministers later mentioned the NI pledge solely utilized to the worker ingredient of the levy, noting their manifesto had specified taxes would not rise for “working people”.

The federal government has justified elevating employer NI by saying the Tories left behind a £22bn black gap within the nation’s funds, and funding into public providers just like the NHS is required for long-term development.

Reeves: ‘We have wiped the slate clear’

Ms Reeves was requested once more on Wednesday how she will assure she won’t have to put up taxes or improve borrowing once more, given scepticism across the price range measures.

She didn’t go so far as what she mentioned on Monday, following a line nearer to what Sir Keir mentioned at PMQs.

“I’m not going to write five years worth of budgets in the first few months as Chancellor of the Exchequer,” she advised reporters.

“What I can now say is that we have wiped the slate clean on the economic and fiscal mismanagement of the previous government. We’ve put our public finances on a firm footing and we’ve properly funded our public services.

“And public providers now have to reside inside the signifies that we have set them during this parliament.”

TAGGED:chancellorsraiserefusesRepeatStarmertaxesvow
Share This Article
Facebook Twitter Email Copy Link Print

HOT NEWS

Tori Spelling on Dwelling With Eczema and Discovering Aid: Unique

Tori Spelling on Dwelling With Eczema and Discovering Aid: Unique

Fashion / Beauty
October 30, 2025
Zarah Sultana takes over firm holding £800,000 in Your Get together donations after main row

Zarah Sultana takes over firm holding £800,000 in Your Get together donations after main row

Zarah Sultana now has sole management of over £800,000 of Your Get together donations following…

October 30, 2025
World Athletics blames workers for £1.3m taken in ‘systematic theft’

World Athletics blames workers for £1.3m taken in ‘systematic theft’

World Athletics says two workers and a contractor stole €1.5m (£1.3m) of its cash as…

October 30, 2025
Michigan Democrats urge GOP to stop 'disastrous' well being care value hikes

Michigan Democrats urge GOP to stop 'disastrous' well being care value hikes

LANSING, Mich. (WLNS) — Michigan Democrats held a digital information convention on Thursday to induce…

October 30, 2025
Amy Sedaris’ Shares Her Exercise and Mind Well being Routine

Amy Sedaris’ Shares Her Exercise and Mind Well being Routine

Spending a Tuesday morning on the Occasions Sq. Dave & Buster’s with Amy Sedaris was…

October 30, 2025

YOU MAY ALSO LIKE

Rachel Reeves survives allow row, however questions it raises reduce deeper

Rachel Reeves was by no means going to resign over her failure to use for a allow to lease out…

Politics
October 30, 2025

Claire Inglis: Name for ‘damning’ report into mom’s homicide to be absolutely launched

Scotland's prime regulation officer is being urged to completely launch a "damning" report into the homicide of a younger mom…

Politics
October 30, 2025

First Minister John Swinney manufacturers Reform councillor’s Sharia regulation claims ‘ludicrous, absurd and divisive’

Claims made by a Reform UK councillor that Sharia regulation is being dropped at Glasgow have been branded "ludicrous, absurd…

Politics
October 30, 2025

Badenoch says hacking into Harriet Harman’s web site 17 years in the past ‘not the identical’ as Reeves breaking regulation

Kemi Badenoch has stated hacking into Harriet Harman's web site when she was youthful is "not the same" as Rachel…

Politics
October 30, 2025

Welcome to Michigan Post, an esteemed publication of the Enspirers News Group. As a beacon of excellence in journalism, Michigan Post is committed to delivering unfiltered and comprehensive news coverage on World News, Politics, Business, Tech, and beyond.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 | The Michigan Post | All Rights Reserved

Welcome Back!

Sign in to your account

Lost your password?