Rachel Reeves is condemning Britain to an “economic doom loop” a senior Tory warned today, as the Chancellor reportedly faced another Labour demand to spend more on benefits.
Robert Jenrick warned the Chancellor would have to put up taxes in November’s Budget to fund plans for “crazy spending”.
The Shadow Justice Secretary made the warning amid reports that Cabinet Ministers will recommend Ms Reeves lifts the two-child benefit cap before the Budget on November 26th.
A child poverty taskforce, co-led by deputy Labour leadership contender Bridget Phillipson, will say that lifting the cap hated by backbench Labour MPs is the best way to improve lives, the Times reported.
However, it would come at a cost of around £3 billion to the Treasury, the Times reported, at a time when Ms Reeves is under pressure to balance the books....<<<Read More>>>...
