Trends-AU

Rachel Reeves: Budget bungle blows UK chancellor’s big day

London | Britain’s embattled Labour government has kept markets on side with its second budget which imposes £26 billion ($52.8 billion) in new taxes that will largely fall on workers and the wealthy.

And fuelling a sense of haplessness around Prime Minister Keir Starmer’s government was the bungled early release of its key measures online, hobbling Chancellor of the Exchequer Rachel Reeves’ sales pitch to voters and nervous Labour MPs.

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