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UK Chancellor Rachel Reeves urges Labour unity on a Budget with tax hikes to boost economic recovery and reduce debt.
UK Chancellor Rachel Reeves is urging Labour MPs to support her upcoming Budget as a unified package, warning that political division could harm economic recovery.
Facing a revised economic forecast with weaker growth through 2029, Reeves plans tax increases, including a potential levy on properties over £2 million, to address a fiscal shortfall.
The Budget aims to reduce the cost of living, cut NHS waiting lists, and lower national debt.
While some leaders support the move as a step toward economic stability, others criticize proposed measures as "stealth taxes" that could burden middle-income households.
Reeves stresses that the plan must be backed as a whole to restore confidence and ensure long-term fiscal responsibility.
La canciller del Reino Unido Rachel Reeves insta a la unidad laborista en un presupuesto con aumentos de impuestos para impulsar la recuperación económica y reducir la deuda.