Rachel Reeves commenting ahead of an anticipated budget announcement from the Government

Rachel Reeves MP, Labour’s Shadow Chancellor, commenting ahead of an anticipated budget announcement from the Government, said:

“A humiliating u-turn is necessary - but the real damage has already been done to millions of ordinary people now paying much higher mortgages and struggling to make ends meet.

“This is a Tory crisis: made in Downing Street. They have plunged our economy into chaos and crisis with Truss' discredited trickle down approach. It won’t be forgiven or forgotten.

“Only a Labour government has the credibility, authority and plan to fix things.”