Judge me on growth, says Reeves as she faces Budget backlash from business

Insider Media

Rachel Reeves urged business chiefs to judge her on her ability to deliver economic growth as she faced claims she was treating firms as a “cash cow” by hiking taxes.

Transcript

00:00I've had lots of feedback on the budget, but what I haven't heard is any credible alternatives

00:12to what I did to put our public finances on a firm footing.

00:16I faced a problem and I faced into it, and we've now drawn a line under the fiction peddled

00:21by the previous government.

00:23We've put our public finances back on a firm footing, and we've now set the budgets for

00:28public services for the duration of this parliament.

00:32Public services now need to live within their means, because I'm really clear, I'm not coming

00:37back with more borrowing or more taxes, and that is why, at this budget, we did wipe the

00:44slate clean to put public finances and public services on a firm footing.

00:49As a result, we won't have to do a budget like this ever again, and indeed, unlike the

00:53last government, I will only be doing one budget a year so that this government can

00:58focus on what our number one priority is, and that's growing the economy.

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