Rachel Reeves issues tax warning over Chancellor’s autumn statement

Taxes will be higher at the next election than they were at the last one, Rachel Reeves has warned in her autumn statement response.

The shadow chancellor said Jeremy Hunt had “lifted the lid on 13 years of economic failure” in his statement, telling MPs: “The Chancellor claims that the economy has turned a corner, yet the truth is under the Conservatives growth has hit a dead end.

“What has been laid bare today is has done to our economy over 13 years.”