Badenoch claims Reeves’s Budget was designed to ‘milk private sector’

cityam
13 Nov 2024
The Labour government’s “ideological” Budget was “designed to milk the private sector”, Kemi Badenoch has claimed.

The Labour government’s “ideological” Budget was “designed to milk the private sector”, Tory leader Kemi Badenoch has claimed.

Quizzing Sir Keir Starmer during Prime Minister’s Questions (PMQs) today, the Conservative leader accused the Labour leader of “having nothing to offer but platitudes”. 

She said: “Their ideological Budget was designed to milk the private sector and hope nobody would notice

“Now his cabinet ministers are all queuing up for public sector bailouts from his tax mess.”

But Starmer insisted: “What did they deliver in 14 years? Low growth, a stagnant economy, a disastrous mini-Budget, a £22bn black hole.

“And now she wants to give me advice on running the economy! I don’t want to be rude, but no thank you very much.”

Badenoch’s comments came as the government faces increasing pressure to revisit its hikes to employer national insurance contributions (NIC) and the minimum wage.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10