UK Budget shock, Labour manifesto broken promises, Rachel Reeves £70bn spending spree — Labour’s manifesto quietly pledged £9bn of spending and “fiscal discipline.” Instead, Reeves’ first Budget blew out nearly £70bn annually, backed by the biggest tax rises since 1993 and surging borrowing. Markets reacted instantly, driving UK gilt yields to a 27-year high.
Credit to : TruthCast UK