Rachel Reeves (Image: Getty)

       Don't miss... Labour not trusted by public on taxes amid fears of Budget bombshell [LATEST]

       Gareth Davies Shadow Exchequer Secretary

       We stand on the precipice of Labour’s first fiscal event, and with a week to go the storm clouds are already gathering.

       The signals coming out of the Treasury are deeply concerning.

       If the rumours are to be believed, this country might be facing the most damaging Budget in recent memory – with measures that will hurt growth, competitiveness, investment and the pockets of the British public.

       But let us be clear, if Rachel Reeves goes down this route, it is entirely a product of her own decisions and her political game-playing. Any decision to raise taxes will be hers and hers alone.

       Despite the endless bleating of the Labour Party, the evidence that they have inherited a strong and resilient economy is irrefutable.

       Time and time again we have seen positive economic news, with inflation falling to 1.7% and interest rates being cut, but time and time again Rachel Reeves and her top team have done their damnedest to spin their doom and gloom yarn.

       Just like their fabricated ￡22bn blackhole, a claim that has been thoroughly discredited, the public aren’t paying any attention to it.

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