Tory tax increases 'take more money than the chancellor gave back', says shadow chancellor

Labour's shadow chancellor Rachel Reeves says "there wasn't anything yesterday that remotely compensates for the tax increases that we've had under the Conservatives these last four years."

She also pointed out that the Office for Budget Responsibility (OBR) said "not only is the tax burden at a 75-year high, but it will increase every year over the next five years."

It was put to Ms Reeves that the rise in Universal Credit and the national living wage indicates that the Tories are putting themselves on an election footing, and she replied that when that comes next year, the question for people will be if they are better off than they were.

Read more: https://news.sky.com/story/politics-autumn-statement-live-chancellor-tax-cuts-business-12593360

#jeremyhunt #autumnstatement #politics

SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews

For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB

Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/

Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog

To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales

Видео Tory tax increases 'take more money than the chancellor gave back', says shadow chancellor канала Sky News