Kemi Criticizes Reeves’s Budget Following OBR Leak
Kemi Badenoch has sharply criticized the recent Budget announcement, stating it was a “total humiliation.” Her remarks came in response to a leak from the Office for Budget Responsibility (OBR) that overshadowed Rachel Reeves’s presentation.
Kemi Badenoch’s Response to the Budget Leak
Badenoch, a prominent member of the Conservative Party, conveyed her disapproval directly to the Chancellor. She emphasized that the Budget lacks a clear growth plan. Her criticism centers on the significant changes Reeves introduced to fiscal policies.
Key Budget Announcements by Rachel Reeves
During her address, Reeves unveiled several critical changes affecting taxpayers and public finances:
- A new levy on properties valued at over £2 million.
- Freezing of income tax thresholds through 2028.
- Removal of the two-child benefit cap, allowing families to receive support for additional children.
Growth Projections from the OBR
The OBR has revised its growth forecast, raising it to 1.5% of GDP for the current year. This adjustment follows significant scrutiny over the government’s economic strategies and spending plans.
Critics, including Badenoch, argue that despite these announcements, there is still inherent uncertainty in the government’s economic trajectory. As the political landscape evolves, reactions to the Budget will continue to unfold.
