Rachel Reeves has appeared to admit she will put up workers’ taxes at this month’s Budget in a breach of Labour’s election manifesto pledge.

The Chancellor said it would “be possible to stick with the manifesto commitments, but that would require things like deep cuts in capital spending”.

Reeves went on to suggest she was against cutting investment in this way, arguing decisions to cut capital spending are “the reason why our productivity and our growth has been so poor”. New Feature

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Her apparent admission comes despite Labour deputy leader Lucy Powell and other senior party figures voicing deep concerns about breaking the election manifesto pledge not to raise the rates of income tax, VAT or national insurance (NI).

Reeves is beli

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