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2025 › November › 14

Labour MPs

7 months ago

Reeves faces 'credibility crisis' as markets batter UK after Labour MPs force U-turn on income tax hike... with fears 'stealth raids' will now fill £40bn Budget black hole ⊖⊖

found 2025 › Nov › 14 (Fri) @ 17:10 UTC

a story from The Daily Mail 💩 › The Daily Mail

Markets have been heaping risk premium on UK borrowing after the Chancellor's extraordinary backtrack - which came despite weeks of heavy hints and tough talk.

Markets get jitters after Reeves DROPS Budget plan to hike income tax amid panic that Labour MPs will oust Starmer… but she could slash thresholds instead to fill £30bn black hole ⊖

found 2025 › Nov › 14 (Fri) @ 08:25 UTC

a story from The Daily Mail 💩 › The Daily Mail

The Pound has already taken a hit after the extraordinary U-turn emerged overnight, following weeks of signals that the move would go ahead.

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