Labour is facing criticism after breaking pre-election pledges not to raise taxes. Last Wednesday Chancellor Rachel Reeves announced over £40Bn in tax increases, the largest tax raining event in over three decades.
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00:00Labour is facing mounting criticism after breaking its pre-election pledge not to raise taxes.
00:08Chancellor Rachel Reeves unveiled £40 billion in tax increases during Wednesday's budget,
00:14marking the largest tax raising event in over three decades.
00:19While Reeves argued that the increases target business rather than working people,
00:24Labour said the rises were unavoidable,
00:26accusing the Conservatives of concealing a financial black hole before the general election.
00:32The Tory response has been swift with MPs from the party labelling the move a betrayal of trust.
00:39Labour supporters and critics alike have raised concerns,
00:43particularly about the potential impacts on middle-class households,
00:47and some worry this reversal could alienate potential voters.
00:53As Labour seeks to justify the tax hikes and assure the public of its fiscal reliability,
01:00one question has arisen.
01:02Do you still trust the Labour Party?