Rachel Reeves has pointed to the previous Tory governments and an \u201cill-conceived Brexit\u201d as she refused to rule out tax rises at this month\u2019s Budget. <\/p>\n
The chancellor have in an unusual speech given ahead of the official Budget on 26 November, amid widespread speculation that Labour will break its manifesto commitments on tax rises.<\/p>\n
In Reeves\u2019 speech this morning<\/a>, she said that she had to make \u201cnecessary choices\u201d and that she has to \u201cface the world as it is\u201d.<\/p>\n READ NEXT: Reform\u2019s big economic plans? Slash minimum wage for young people and bring back austerity<\/a><\/strong><\/p>\n She said austerity policies under previous governments were a \u201chammer blow\u201d to the UK\u2019s economy and \u201cgutted\u201d the country\u2019s public services.<\/p>\n \u201cThe years that followed were characterised by instability and indecision,\u201d she continued, before hitting out at the \u201crushed and ill-conceived Brexit\u201d delivered under the Tories. Reeves said this meant the UK was \u201cunderprepared\u201d for the Covid pandemic, the BBC<\/a> reports. <\/p>\n Rachel Reeves is hinting that the OBR is going to say Brexit is even more damaging than previously thought\u2026<\/p>\n But that just means Labour was even MORE wrong to reject the Single Market & Customs Union.<\/p>\n Blaming our national poverty on a policy YOU CONTROL is always an own goal. pic.twitter.com\/POSRq8kPao<\/a><\/p>\n\n