‘Incompetent and chaotic!’ Allister Heath and Jacob Rees-Mogg on next week’s Budget
Straitjacketed by a manifesto that promised not to raise income tax, National Insurance or VAT on “working people” – and stymied by an exodus of people wealthy enough to seek financial safety elsewhere – the Labour party is scrambling to raise enough revenue to fill a £20bn fiscal black hole.
As the 2025 autumn Budget draws ever closer, there is increasing apprehension as to whether Chancellor Rachel Reeves is going to employ a “mansion tax” to help balance the books.
In today’s Daily T, Tim is joined by Jacob Rees-Mogg and Allister Heath to preview what’s set to be an “horrendous” upcoming…
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