Labour’s Budget: Redistribution, Chaos… and a Hidden Wealth Grab

Labour’s new budget is pure wealth redistribution — and nobody in the media wants to say it. In this piece to camera, I break down the truth behind the tax rises, the business rate cuts, the minimum wage increase, the housing levy, and the contradictions at the heart of Rachel Reeves’ plan.

I analyse why this budget is a push-me-pull-you disaster: it taxes electric car owners while demanding net zero, raises the minimum wage while crushing small businesses, removes the two-child cap while burdening working families, and slips in the thin end of the wedge for a future wealth tax.

I also explain why Labour aren’t experienced, why their budget doesn’t add up, why growth will collapse further, and why the country is heading for serious trouble unless these policies are reversed.

My full budget breakdown with economist Catherine McBride will be released shortly.

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