Rachel Reeves acknowledged public anger and frustration at the state of the economy as she prepared to announce further tax hikes to balance the books.

The Chancellor is widely expected to extend a freeze on personal tax allowances, which will mean almost one million more people being dragged into paying income tax as she searches for revenue in the face of a forecast slowdown in economic growth.

In a filmed address ahead of the Budget, the Chancellor 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”.

A Budget that cuts waiting lists, that cuts our debt and borrowing, and cuts the cost of living.

That is my commitment to you. pic

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