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Rachel Reeves' ‘£20bn black hole’ claim paves way for tax rises | LBC analysis
Posted
July 27, 2024
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July 27, 2024
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12:46Now PlayingIt is expected on Monday that Chancellor Rachel Reeves will tell Parliament the UK's public finances are in a worse state than expected when they entered government.
In an LBC exclusive, Sir Edward Troup, the former HMRC Permanent Secretary said Labour may have to hike inheritance tax hikes or raid pensions in future.
The Conservative Party have accused the government of "peddling nonsense."
Ben Kentish is joined by Political Economist Stephen Barber (03:10) and former senior adviser to Boris Johnson Henry Newman (07:25).
Listen to the full show on Global Player
#benkentish #ukeconomy #rachelreeves #labour #LBC
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