Labour's Rachel Reeves Urges MPs to Back Make-or-Break Budget as Economic Prospects Take Hit
In a last-ditch effort to win over her wavering parliamentary party, Chancellor Rachel Reeves has privately urged Labour MPs to support her make-or-break budget, vowing it will be "fair" and prioritizing the most pressing issues facing the country. Addressing a fractious gathering of MPs just days before the budget is set to be revealed, Reeves acknowledged that not every measure would be popular, but insisted they would find common ground in many areas.
Reeves' words came as economic forecasts were downgraded for each of the next five years, casting doubt on the government's ability to deliver its pre-election growth promise. However, she vowed to keep tax rises to a minimum and focus on cutting the cost of living, NHS waiting lists, and debt, arguing that these measures would benefit both businesses and individuals.
Among the spending measures expected in the budget are plans to lift the two-child benefit cap and reduce energy bills, policies likely to be well-received by MPs. However, tax increases will also be introduced, including a potential property levy on high-value properties and income tax threshold freezes.
Reeves' confidence in her ability to deliver a successful budget was boosted by supportive comments from MPs, who have spoken out against sexism and misogyny in the media. The Chancellor herself faced skepticism about her leadership, but vowed to stay in post and prove her critics wrong on Wednesday's budget day.
With the UK's economic outlook looking increasingly uncertain, Reeves' Budget will be watched closely as a make-or-break moment for her government. Whether it will secure a crucial mandate from MPs remains to be seen, but one thing is clear: the Chancellor is determined to deliver a fair and progressive package that delivers on Labour's promises of change.
In a last-ditch effort to win over her wavering parliamentary party, Chancellor Rachel Reeves has privately urged Labour MPs to support her make-or-break budget, vowing it will be "fair" and prioritizing the most pressing issues facing the country. Addressing a fractious gathering of MPs just days before the budget is set to be revealed, Reeves acknowledged that not every measure would be popular, but insisted they would find common ground in many areas.
Reeves' words came as economic forecasts were downgraded for each of the next five years, casting doubt on the government's ability to deliver its pre-election growth promise. However, she vowed to keep tax rises to a minimum and focus on cutting the cost of living, NHS waiting lists, and debt, arguing that these measures would benefit both businesses and individuals.
Among the spending measures expected in the budget are plans to lift the two-child benefit cap and reduce energy bills, policies likely to be well-received by MPs. However, tax increases will also be introduced, including a potential property levy on high-value properties and income tax threshold freezes.
Reeves' confidence in her ability to deliver a successful budget was boosted by supportive comments from MPs, who have spoken out against sexism and misogyny in the media. The Chancellor herself faced skepticism about her leadership, but vowed to stay in post and prove her critics wrong on Wednesday's budget day.
With the UK's economic outlook looking increasingly uncertain, Reeves' Budget will be watched closely as a make-or-break moment for her government. Whether it will secure a crucial mandate from MPs remains to be seen, but one thing is clear: the Chancellor is determined to deliver a fair and progressive package that delivers on Labour's promises of change.
. I mean, we're already seeing economic forecasts go down the drain, and now Rachel Reeves is throwing her hat in the ring with a make-or-break budget? It's like she's putting all her eggs in one basket, you feel? 
But at the same time, I'm all for lifting that two-child benefit cap and reducing energy bills - that's some real-life change right there 
. And if they can keep tax rises to a minimum, maybe we'll actually see some progress. Fingers crossed, innit? 
I'm getting so sick of these make-or-break budgets 
They're always just an excuse for politicians to push through unpopular policies under the guise of "economic necessity". Like, hello? Can't they come up with a better way than just increasing taxes and cutting benefits? 
The fact that they think a little bit of tax relief on energy bills is going to make up for everything 
. And what's with the property levy? That's just going to hit the wrong people in the wrong places 
. Reeves' whole "fair and progressive" thing sounds like just another PR stunt to me 
. Give me a break 
and i'm literally freaking out rn... anyway back to this budget thing... i feel like rachel reeves is trying too hard to win us over lol she's all "oh it'll be fair" but let's be real, tax rises are never popular 
gotta see how the budget plays out though... fingers crossed it doesn't tank the economy 
. Lifting the two-child benefit cap is a good start 
, but let's hope they don't raise energy bills too much 
️. I'm all for a fair and progressive package that benefits both businesses and individuals 
Those are definitely popular policies, but what about the tax increases? Can we really trust that they'll be kept to a minimum? 
. Like, what if they still don't go as planned? 
But at the same time, I get why she's trying to stick to Labour's promises of change 
. Some will love it, some won't 
. Can't wait to see what happens! 
It's amazing how much pressure she's under, but at the same time, I have to admire her determination 
. We'll just have to wait and see if her gamble pays off 
!
. And what's with the property levy on high-value properties? Sounds like a recipe for gentrification 
.
. Like, what's next? Are we gonna have to start using calculators just to do our taxes? 
i'm not gonna lie, tax rises might be a bummer for some ppl, but if it means we get more help with energy bills and lifting the two-child benefit cap... idc 
let's just hope she can pull off this make-or-break budget and save the UK from economic uncertainty 
. But then you've got tax increases, which are always a bummer. I just hope she can strike a balance between being fair to everyone and not blowing the budget wide open 
might not b easy w/ economic forecasts looking grim, but she's determined 2 prove her critics wrong 
guess we'll c if it pays off in the end 
like she thinks we're all just gonna forget that her party was in power for 5 mins already
i mean tax rises + energy bill cuts, sounds pretty standard gov policy to me