Chancellor Rachel Reeves announced a £40 billion tax rise in the Commons, blaming Conservative mismanagement for the financial "black hole" facing the UK. She criticised the Conservatives’ failure to acknowledge past mistakes, stating, “This is a changed Labour Party, and we will restore stability.” Reeves pledged to rebuild public services, calling the Budget a step toward restoring stability and responsibility to the nation’s finances. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
