By GB News (World News) | Created at 2024-11-25 19:41:23 | Updated at 2024-11-27 03:44:16
1 day ago
Rachel Reeves is “gaslighting the country”, pollster Matt Goodwin has claimed in a furious rant about her defence of her autumn Budget.
Speaking on GB News, Goodwin said her strategy for business “makes absolutely no sense” as he reacted to her speech at the CBI conference - where she defended her plans for Britain.
“There is a trust problem with the Labour Government”, he said.
“Even Paul Johnson, the head of the Institute for Fiscal Studies (IFS) has been saying Labour misled the country ahead of the election. Firstly with the manifesto promises it made, saying they won’t raise taxes then the NI employer tax increases.
“The story from this conference is business. They are saying they no longer feel confident in investing in UK plc.
“You don’t need to be a genius to figure out why. We have a big state, big tax, especially for business.
“We’ve got higher corporation tax rates compared to Europe and other advanced western nations.
“We’ve got a low growth economy. Even with Labour’s plans, their own figures show a growth rate of 1.5 per cent. There is no growth strategy for this country.
Rachel Reeves's CBI speech was discussed on GB News
GB NEWS
“We have a broken model of mass immigration which is flooding our economy with low wage, low skill migrants from outside of Europe who are taking more out of the economy than they are taking in.
“We have an economic growth strategy which makes absolutely no sense.”
Political commentator Jonathan Lis hit back at the claims made by Goodwin during the feisty edition of Dewbs & Co, pointing to conferences hosted by Labour in the past where business “from around the world” flock to.
“I am not saying businesses will not be affected. If we had magic bullets for the economy, any government would fire them, but all decisions have trade-offs”, he said.
Chancellor of the Exchequer Rachel Reeves delivered her Budget to the House of Commons in October
PA
“None of us are fortune tellers. People make decisions based on the best advice available to them.
“Public services were in disarray and clearly we need money to fix them.”
Rachel Reeves defended her autumn Budget at the CBI conference, insisting it was a one-off measure to stabilise public finances.
The Chancellor pledged to create conditions that encourage investment and ruled out further tax raids on businesses during the coming parliament.
"I faced a problem, and I faced into it," Reeves told the conference, emphasising that public finances were now on "firm footing."
However, CBI chairman Rupert Soames delivered a sharp rebuke, stating that "business has been milked as the cash cow" in this Budget.
Soames highlighted conflicting policies, noting that while the government aims to get jobless people back to work, the Budget "makes employing people, particularly the young, part time and low pay much more expensive."
