Latest Budget: Sky News pundits stunned by Labor Party’s ‘huge’ tax plans | Politics news

“This was the moment we saw a real Labor government,” said our political editor Beth Rigby This is stated in response to the budget.

During the election, the Labor Party talked about “backdoor” tax rises and spending commitments compared to what was announced today.

But now it is “a winning government, bold and confident in its decisions.”

“To put this into perspective, by the end of this Parliament the cost of this budget in terms of taxes and spending will be £74 billion and tax rises will be £41 billion,” she explained.

“I’ve done several budgets – I’ve never seen anything like it, and I’ve been doing it for 15 years. This is the biggest budget I’ve ever made.”

“It’s so huge”

Beth went on to say that while Rachel Reeves was talking about the choice, Rishi Sunak made a counter-argument that said: “It wasn’t laid out in the manifesto.”

She noted that when she herself interviewed Sir Keir Starmer during the election at the Sky News Leaders Event in Grimsby, he said there were “no plans” to raise taxes beyond what they had set, but “now look where they are.”

“This is a massive tax rise that was not included in the manifesto and the Labor government will try to place the blame on the Conservative Party,” Beth said.

“But it’s so huge – you can’t help but come out of this budget and think: this is a Labor government that had a different agenda in the run-up to the election that was not in line with the British people.” O.

“And I think that will be discussed in the coming days.”