Labour backbenchers have been cheering it as a win for the most vulnerable in socety. In fact it was aimed at the bond markets
The charge is a grave one: that Rachel Reeves has just lied to Britons, spooking them into paying billions in extra taxes that she can splash out on higher benefits. However hyperbolic, this isn’t the usual Westminster sparring; this time, someone might get hurt. A week ago, critics of Reeves and Keir Starmer were, rightly, calling their budget “chaotic”. Today, it’s denounced as lies, and Kemi Badenoch is demanding the chancellor quit.
It’s an accusation that demands straightforward answers, so let me give mine. Did the chancellor tell lies? On the available evidence, no. There were no whoppers, no falsehoods, no porkies. But despite Starmer’s comments yesterday, that doesn’t mean there’s nothing to see here and we can all move along. Reeves did mislead the public about the factors shaping her decisions. Was it all to funnel cash to “benefits street”, as the Tories claim? No, and the figures prove it.
Reeves has sustained another hit to her reputation but, if facts still have anything to do with politics, Badenoch should call off her lynch mob. Perhaps the resignation yesterday of the Office for Budget Responsibility (OBR) chief, Richard Hughes, over the leak of its own documents will quench SW1’s thirst for blood.
Aditya Chakrabortty is a Guardian columnist
Continue reading…Labour backbenchers have been cheering it as a win for the most vulnerable in socety. In fact it was aimed at the bond marketsThe charge is a grave one: that Rachel Reeves has just lied to Britons, spooking them into paying billions in extra taxes that she can splash out on higher benefits. However hyperbolic, this isn’t the usual Westminster sparring; this time, someone might get hurt. A week ago, critics of Reeves and Keir Starmer were, rightly, calling their budget “chaotic”. Today, it’s denounced as lies, and Kemi Badenoch is demanding the chancellor quit.
It’s an accusation that demands straightforward answers, so let me give mine. Did the chancellor tell lies? On the available evidence, no. There were no whoppers, no falsehoods, no porkies. But despite Starmer’s comments yesterday, that doesn’t mean there’s nothing to see here and we can all move along. Reeves did mislead the public about the factors shaping her decisions. Was it all to funnel cash to “benefits street”, as the Tories claim? No, and the figures prove it.Reeves has sustained another hit to her reputation but, if facts still have anything to do with politics, Badenoch should call off her lynch mob. Perhaps the resignation yesterday of the Office for Budget Responsibility (OBR) chief, Richard Hughes, over the leak of its own documents will quench SW1’s thirst for blood.Aditya Chakrabortty is a Guardian columnist Continue reading…
