Rachel Reeves and Jeremy Hunt at State Opening of Parliament. (Image: Getty)

       Jeremy Hunt has insisted life will get “tougher for ordinary people” following Rachel Reeves’s Budget.

       The shadow chancellor welcomed more investment in the NHS but says the Budget’s tax increase will hurt economic growth.

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       What the Budget means for you from pensions to Stamp Duty and capital gains tax

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       Serving up the same old failed recipe of tax and spend, writes Leo McKinstry

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       'Tax on jobs' is coming to fund the NHS

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       Sky News Beth Rigby's gobsmacked verdict on Labour budget: 'Never seen anything like it'

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       Rachel Reeves slammed by Labour grandee over Budget plans for retirees

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       Rachel Reeves' Budget 'catastrophe' for employees on minimum wage

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       Keir Starmer accused of 'double lie' as Rachel Reeves 'to unleash slew of tax rises'

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       Rachel Reeves accused of risking mortgage misery with ￡50 billion borrowing blitz

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       Voters will not forgive Keir Starmer for taking them for fools over tax hikes

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       He said picking the pockets of businesses and raising taxes” is the easy thing for any chancellor to do.

       The senior Tory added: "We are going to have lower living standards, we are going to have higher prices, fewer jobs, more expensive mortgages, life is going to get tougher for ordinary people.

       Mr Hunt also claimed the public is angry at Rachel Reeves for the “biggest tax-raising Budget in history”.

       READ MORE: Pub landlord warns Rachel Reeves' budget will send bills soaring

       The shadow chancellor told BBC Breakfast: “If she had wanted to do this, before the election she should have said so, we could have had this debate.

       “I think what is making people very angry this morning is that she said 30 times before the election that she wouldn’t increase taxes beyond what was spelled out in the Labour manifesto and many people believed her.

       “Many people thought this was a new Labour prospectus, not a traditional tax and spend prospectus, and they have woken up to a Chancellor who has given us the biggest tax-raising Budget in history.”

       Mr Hunt said he understood the Chancellor wanted “more money for the NHS” and other services but criticised tax rises in the Budget as they would hamper a “successful, strong economy”.

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       He added: “We are going to have lower living standards, we are going to have higher prices, fewer jobs, more expensive mortgages, life is going to get tougher for ordinary people.”

       Reeves’ budget will hit working people because of the rise in employers’ national insurance, the boss of a research institute has said.

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       Powered by

       Rachel Reeves accused of risking mortgage misery with ￡50 billion borrowing blitz

       Comments

       Voters will not forgive Keir Starmer for taking them for fools over tax hikes

       Comments

       Why Rachel Reeves' Budget will fail to deliver on Labour Party's central promise

       Comments

       Rachel Reeves' Budget sends markets wild as nightmare graphs expose total disaster

       Comments

       Why Labour Party policy didn't end when UK booted Gordon Brown out of No10

       Comments

       Martin Lewis issues National Insurance warning to shoppers after ￡615 Budget increase

       Comments

       Rachel Reeves is proud she is the first woman Chancellor but voters do not care

       Comments

       What the Budget means for you from pensions to Stamp Duty and capital gains tax

       Comments

       Serving up the same old failed recipe of tax and spend, writes Leo McKinstry

       Comments

       'Tax on jobs' is coming to fund the NHS

       Comments

       Sky News Beth Rigby's gobsmacked verdict on Labour budget: 'Never seen anything like it'

       Comments

       Rachel Reeves slammed by Labour grandee over Budget plans for retirees

       Comments

       Rachel Reeves' Budget 'catastrophe' for employees on minimum wage

       Comments

       Keir Starmer accused of 'double lie' as Rachel Reeves 'to unleash slew of tax rises'

       Comments

       Rachel Reeves taunted over Budget warning as Chancellor faces fury in final clash

       Comments

       Rachel Reeves delivers Halloween Budget Nightmare for Britain

       Comments

       Rachel Reeves accused of broken election promises after devastating ￡40 billion tax raid

       Comments

       Rachel Reeves squirms as Sky News' Beth Rigby rips Budget to shreds in fiery clash

       Comments

       Autumn Budget 2024: Full list of predictions as Rachel Reeves' announcement edges closer

       Comments

       Rachel Reeves tipped to 'betray' Britons with brutal Budget tax hikes

       Comments

       Rachel Reeves accused of risking mortgage misery with ￡50 billion borrowing blitz

       Comments

       Voters will not forgive Keir Starmer for taking them for fools over tax hikes

       Comments

       Why Rachel Reeves' Budget will fail to deliver on Labour Party's central promise

       Comments

       Rachel Reeves' Budget sends markets wild as nightmare graphs expose total disaster

       Comments

       Why Labour Party policy didn't end when UK booted Gordon Brown out of No10

       Comments

       Martin Lewis issues National Insurance warning to shoppers after ￡615 Budget increase

       Comments

       Rachel Reeves is proud she is the first woman Chancellor but voters do not care

       Comments

       What the Budget means for you from pensions to Stamp Duty and capital gains tax

       Comments

       Serving up the same old failed recipe of tax and spend, writes Leo McKinstry

       Comments

       'Tax on jobs' is coming to fund the NHS

       Comments

       Sky News Beth Rigby's gobsmacked verdict on Labour budget: 'Never seen anything like it'

       Comments

       Rachel Reeves slammed by Labour grandee over Budget plans for retirees

       Comments

       Rachel Reeves' Budget 'catastrophe' for employees on minimum wage

       Comments

       Keir Starmer accused of 'double lie' as Rachel Reeves 'to unleash slew of tax rises'

       Comments

       Rachel Reeves taunted over Budget warning as Chancellor faces fury in final clash

       Comments

       Rachel Reeves delivers Halloween Budget Nightmare for Britain

       Comments

       Rachel Reeves accused of broken election promises after devastating ￡40 billion tax raid

       Comments

       Rachel Reeves squirms as Sky News' Beth Rigby rips Budget to shreds in fiery clash

       Comments

       Autumn Budget 2024: Full list of predictions as Rachel Reeves' announcement edges closer

       Comments

       Rachel Reeves tipped to 'betray' Britons with brutal Budget tax hikes

       Comments

       Rachel Reeves accused of risking mortgage misery with ￡50 billion borrowing blitz

       Comments

       Voters will not forgive Keir Starmer for taking them for fools over tax hikes

       Comments

       Why Rachel Reeves' Budget will fail to deliver on Labour Party's central promise

       Comments

       Rachel Reeves' Budget sends markets wild as nightmare graphs expose total disaster

       Comments

       Why Labour Party policy didn't end when UK booted Gordon Brown out of No10

       Comments

       Martin Lewis issues National Insurance warning to shoppers after ￡615 Budget increase

       Comments

       Rachel Reeves is proud she is the first woman Chancellor but voters do not care

       Comments

       Paul Johnson, director of the Institute for Fiscal Studies (IFS), warned the spending plans announced in yesterday's Budget are not as generous as they appear to be, adding that there will be lots of additional spending this year and next.

       Mr Johnson predicted that spending will be more than is currently planned, saying "that will probably mean more tax rises to come next year or the year after".