Sir Keir Starmer vows to defend tough decisions
Sir Keir Starmer has declared that he will defend tax rises "all day long" as he addressed voters in a pre-Budget speech in Birmingham. He emphasized the need for investment in public services and refused to rule out the possibility of more tax hikes in the years to come.
New measures announced in the pre-Budget speech
During his speech, Sir Keir confirmed a 50% rise in bus fares, with the £2 cap being increased to £3 in an effort to address the £22 billion deficit in the public purse. Additionally, Rachel Reeves pledged £240 million towards initiatives aimed at getting Britain working, focusing on providing support to disabled individuals and the long-term sick.
Tough decisions for a better future
Sir Keir emphasized the importance of making tough decisions to build a better future for the country. He acknowledged the challenges of implementing tax rises but highlighted the necessity of these measures to rebuild the nation. The upcoming Budget is expected to include increases in inheritance and capital gains tax, as well as a two per cent rise in National Insurance paid by employers.
Controversy over potential fuel duty increase
While income tax thresholds are set to remain unchanged and duties on beer and vapes are expected to rise, there is opposition to raising fuel duty. Many MPs, backed by a longstanding campaign, are urging caution in this area to avoid additional financial burdens on the public.
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