Summary
Rachel Reeves, the Chancellor, has asked Labour MPs to support her upcoming Budget, which includes tax increases. She emphasized the importance of unity to have a chance of winning the next election. Her Budget focuses on reducing living costs, NHS waiting times, and debt expenses.
Key Facts
- Rachel Reeves urged Labour MPs to support her Budget.
- The Budget includes tax increases and will be announced on Wednesday.
- Reeves emphasized the need for Labour MPs to stick together to win the next election.
- Her main goals include cutting living costs, reducing NHS waiting times, and lowering debt costs.
- There is concern within the Labour Party over past policy reversals and potential income tax increases.
- The government decided not to pursue an increase in income tax rates, maintaining a prior election promise.