Summary
The main focus of the news is on Chancellor Rachel Reeves facing criticism for allegedly misleading the public about the UK's financial situation in the Budget. Various newspapers report on reactions and consequences, including potential job loss for Reeves and public disapproval of the Budget. The reports also cover specific details like tax changes and their impact on different sectors and individuals.
Key Facts
- Chancellor Rachel Reeves is accused of not disclosing higher wage forecasts that affect the Budget.
- Calls for Reeves to be removed from her position come from Conservative leader Kemi Badenoch.
- The Office for Budget Responsibility (OBR) reported a £4.2 billion surplus, contrary to what Reeves communicated.
- The Chancellor's Budget includes unpopular measures, but some elements like higher minimum wage are favored by voters.
- Pensioners might lose winter fuel payments, affecting around 200,000 people.
- The hospitality industry faces higher property tax assessments impacting business rates.
- A new "mansion tax" could affect wealthy homeowners, with moves to avoid higher council taxes.
- Reeves defends the tax increase as necessary to improve public services like schools and hospitals.
