Mel Stride (Image: Getty)

       Today’s speech is Rachel Reeves’ attempt to distract from the chaos of the last few weeks. But it's too late. We have already seen this Labour government for what it is - incompetent and clueless. The Chancellor simply has no idea how to run an economy.

       Labour came in promising ‘growth, growth, growth’, but with each passing day, the grind of government shows how poorly equipped Rachel Reeves is to deliver that growth. The only growth she seems capable of delivering is in your bills, your taxes and government borrowing.

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       Rachel Reeves (Image: Getty)

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       A well run government should be looking to make life easier for working people and businesses. But at the weekend, the mask slipped.

       Having hiked taxes to record levels, Labour confessed they were looking at clobbering aspirational, middle classes with their next inevitable tax raid. That is the worst thing they could possibly do to drive growth.

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       The people who want to get on and get up are the backbone of this country. They are the ones the government should be looking out for. Instead, they are taxing the living daylights out of them.

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       We can’t just keep increasing taxes. But that is what Labour seems determined to do. It’s the same old Labour, their thirst for taking other peoples’ money cannot ever be quenched.

       Record taxes are already making life too hard for people. Businesses are closing, there are few new jobs – even the Governor of the Bank of England says people are being laid off at a rate of knots – and we are borrowing more than ever.

       Labour has taken a wrecking ball to the economy, and they are making life increasingly difficult for people up and down the country.

       Rachel Reeves will no doubt claim today that her plan is working - that she is on the side of working people and that she will help people get on the property ladder. But all she is doing is giving with one hand whilst her Labour colleagues take with the other.

       If Keir Starmer continues to roll out the red carpet for migrants, British people will not see the benefit of increased homeownership. An ever-increasing number will go to foreigners and their families.

       What Britain needs is a proper economic plan for people looking to get on with their lives. Britain needs to be a place that helps people who want to contribute.

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       43 Comments

       Tax raid fears as minister issues statement about 'modest' incomes

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       149 Comments

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       85 Comments

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       33 Comments

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       753 Comments

       Nationwide hands huge boost to anyone earning ￡30,000 from Wednesday

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       Bank with 3m customers gives urgent Bank of England alert to anyone with savings

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       75 Comments

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       Undo

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       Learn More

       Undo

       Labour lives in fantasy bubble and can't see it's making mistakes of 1970s

       59 Comments

       Rachel Reeves dealt massive blow as she's warned more firms will go bust

       6 Comments

       Rachel Reeves accused of planning wealth tax raid on middle-class workers to fix economy

       24 Comments

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       34 Comments

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       445 Comments

       Rachel Reeves has never run a business or created a job - that's why she's failing

       75 Comments

       Labour panic as ministers struggle to decide how they'll break their tax pledge yet again

       27 Comments

       GB News descends into blistering clash as Labour minister left squirming

       11 Comments

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       43 Comments

       Tax raid fears as minister issues statement about 'modest' incomes

       4 Comments

       Rachel Reeves makes desperate gamble to save her job - we're back to Labour boom and bust!

       149 Comments

       Rachel Reeves LIVE: Chancellor to deliver make-or-break speech as tax rises loom

       16 Comments

       Tax raid looms for middle classes suggests Labour Cabinet Minister in shocking admission

       85 Comments

       Rachel Reeves creates 'tax time bomb' that could shrink UK economy

       33 Comments

       Rachel Reeves is driving a runaway train - and she's about to run out of track

       753 Comments

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       The last thing we need is a Chancellor who seeks to take your hard-earned cash every chance she gets.

       What we need is a serious economic plan - one that supports ambition, restores confidence, and builds a country where those who work hard and play by the rules are supported, not penalised.

       That’s what the Conservatives stands for - and it’s what we will keep fighting for in the months and years ahead. A fairer, more ambitious, more dynamic Britain - one that backs hardworking people.

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