Kemi Badenoch criticized Labour for the falling growth in April, blaming the government for the economic shrinkage due to their choices. She accused the government of targeting businesses and jobs, leading to rising unemployment. Badenoch also accused the government of waging a 'war on the private sector'.
The Resolution Foundation stated that the UK is becoming a 'national health state' with health taking up half of public spending by 2029. Real day-to-day spending is expected to rise by 2.2% annually, benefiting poorer families more. Tax rises are likely in the future to support the increased public spending.
Rachel Reeves, the Chancellor, defended the spending review but acknowledged disappointing growth figures. She emphasized that the government's focus is on stabilizing the economy and supporting those in need. Reeves assured that key taxes like income tax, national insurance, and VAT will not be raised, as per Labour's manifesto commitment.
Source: The Guardian