Rachel Reeves has acknowledged people are “angry at unfairness” in the British economy ahead of unveiling her second Budget this afternoon.
She vowed to make “fair and necessary choices to deliver on our promise of change” in her financial statement, which is widely expected to include tax hikes as the Chancellor tries to plug an estimated £30bn black hole.
In a filmed address ahead of the Budget, Reeves said the Government had started to see results in the past year with “wages rising faster than inflation, hospital waiting lists coming down, and our economy growing faster and stronger than people expected”. New Feature
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“But I know there is more to do,” she said. “I know that the cost of living is still bearing down on family finances

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