Chancellor Rachel Reeves faces backlash over broken budget promises
Labour has accused Chancellor of breaking manifesto commitment by increasing National Insurance and freezing tax thresholds, a move that will lead to more people paying income tax. The Chancellor had promised not to raise national insurance, VAT or income tax, yet she raised employers' NI contributions last year.
Her decision this year was seen as an attempt to balance the budget with less extreme measures - but critics argue it's still a breach of manifesto commitments. Reeves claimed that by raising National Insurance, she is cutting the cost of living by keeping prices frozen and lowering bills, which Labour says doesn't hold up under scrutiny.
Labour has accused Chancellor of breaking manifesto commitment by increasing National Insurance and freezing tax thresholds, a move that will lead to more people paying income tax. The Chancellor had promised not to raise national insurance, VAT or income tax, yet she raised employers' NI contributions last year.
Her decision this year was seen as an attempt to balance the budget with less extreme measures - but critics argue it's still a breach of manifesto commitments. Reeves claimed that by raising National Insurance, she is cutting the cost of living by keeping prices frozen and lowering bills, which Labour says doesn't hold up under scrutiny.