Daily Record Political Editor Paul Hutcheon said the Budget is not perfect, but the Chancellor balances protecting workers with taxing wealth and businesses.
The success of the Budget will determine whether Prime Minister Keir Starmer secures a second term. Chancellor Rachel Reeves’ strategy is to claim £40bn of tax rises are necessary to fix an economy wrecked by the Tories.
She also contrasted her wealth taxes with backing workers through a higher minimum wage and scrapping frozen income tax thresholds. By ruling out rises in income tax, corporation tax and NI for workers, they backed themselves into a corner. Scottish Labour leader Anas Sarwar, who wants to be the next First Minister, will be biting his nails.
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