Labour Chancellor Rachel Reeves is pressing her MPs to back her make-or-break budget, saying every measure won't be popular but promising it will be fair. In a private meeting with the fractious parliamentary party, Reeves emphasized the importance of teamwork in politics, stating that "politics is a team sport."
Reeves outlined key elements of her budget, which includes significant measures to cut the cost of living, NHS waiting lists, and debt, aiming to boost economic growth. She highlighted efforts such as freezing prescription charges and rail fares, increasing the national minimum wage, and providing more support for low-income families.
However, Reeves also warned that not all measures will be well-received by MPs, saying "you might like 99% or 95%, but 1% or 5%" won't. She expressed her determination to minimize tax rises and prioritize public services, vowing to make sure contributions are kept as low as possible.
Reeves' budget is seen as crucial for the party's survival, with economists forecasting a downgrade of economic growth forecasts over the next five years despite the government's ambition for high growth. The chancellor will reveal in this week's budget that the UK's economic growth forecasts have been downgraded, sparking concerns about the party's ability to deliver on its promises.
Reeves acknowledged that more needs to be done and vowed to implement further measures if necessary. She also expressed her commitment to staying as Chancellor, saying she would not let anyone "beat me" in the media.
Reeves outlined key elements of her budget, which includes significant measures to cut the cost of living, NHS waiting lists, and debt, aiming to boost economic growth. She highlighted efforts such as freezing prescription charges and rail fares, increasing the national minimum wage, and providing more support for low-income families.
However, Reeves also warned that not all measures will be well-received by MPs, saying "you might like 99% or 95%, but 1% or 5%" won't. She expressed her determination to minimize tax rises and prioritize public services, vowing to make sure contributions are kept as low as possible.
Reeves' budget is seen as crucial for the party's survival, with economists forecasting a downgrade of economic growth forecasts over the next five years despite the government's ambition for high growth. The chancellor will reveal in this week's budget that the UK's economic growth forecasts have been downgraded, sparking concerns about the party's ability to deliver on its promises.
Reeves acknowledged that more needs to be done and vowed to implement further measures if necessary. She also expressed her commitment to staying as Chancellor, saying she would not let anyone "beat me" in the media.
. Freezing prescription charges and rail fares would be a huge help for people struggling to make ends meet, and increasing the national minimum wage is about time, if you ask me 
. And yeah, not everything might be popular with MPs, but Reeves seems like someone who genuinely cares about the country's well-being 
. Let's just hope her budget doesn't get panned by the media too harshly 
... we need more positivity around politics right now 
.
I don't get why they have to make it so complicated with all these budget things... can't they just simplify it for us? Like, how are we supposed to know if something is good or bad without being told?
. You can't make everyone happy, but being fair & keeping costs low is key 
, but economic growth projections are still pretty bleak 
. Hope she can deliver on her promises 
.
. Still, I'm not convinced she'll let anyone "beat her" in the media - she seems pretty determined to push through with her plans 
.
Politics is like a game of Tetris - you try to fit all these pieces together (budgets, policies, tax rises) and sometimes it just doesn't work out lol! Rachel Reeves seems like a solid player though, trying to balance everything and make sure her party's on the right track 
. I mean, who wouldn't want to freeze prescription charges and rail fares? That's like winning the lottery in my book 
. But seriously, with those economic growth forecasts downgraded, it's gotta be a tough sell for her MPs. Maybe she'll get some MVPs (Most Valuable Policy) out of this budget 
... or maybe not 
. Can't wait to see what happens! 
rachel reeves is trying so hard to do the right thing but honestly who does she think she's fooling? it's like everyone knows that her budget is gonna be a whole mess and everyone's just playing along for the sake of party unity. i mean 99% or 95% approval rate from MPs? please, we all know what's really gonna get voted down 
the UK is facing some big economic challenges! Labour's budget is gonna be super important for their party's survival 
but at the same time her budget might be a bit too ambitious for us politicians 
and btw, team sport in politics is so true - sometimes you just need to compromise and work together 
. It's refreshing to see a politician acknowledging that not every measure will be popular and still pushing for what they think is fair 
. Freezing prescription charges, increasing the national minimum wage, and supporting low-income families are all great moves in my book 
- we need more of that collaboration in parliament! 
. Freezing prescription charges and rail fares? That's like music to my ears! And increasing the national minimum wage? About time, if you ask me 
. 1% of MPs might be all it takes to tank the whole thing 