PM admits 'tax bomb' in Budget to go beyond filling £22bn 'black hole'

Keir Starmer today made clear the 'tax bomb' in the Budget will go beyond filling the claimed £22billion 'black hole' left by the Tories.

The PM insisted next week's fiscal package would 'rebuild' services and the economy.

But he tried to cool business fears about an expected £35billion of tax rises, insisting investors do not need to be 'worried'.

Sir Keir's comments, as he arrived at a Commonwealth summit in Samoa, come as Rachel Reeves prepares to confirm that she is bending fiscal rules to splurge billions more on infrastructure.

The Chancellor is set to lay out the ...
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