It’s hard to pinpoint the most egregious side effects of Rachel Reeves’s Budget so far, with its blizzard of bizarre policies fraught with unpleasant unintended consequences. Who do they most want to hurt? Business owners, farmers and parents who have the cheek to want the best education for their children are, naturally, first in line for a thrashing.
Some of Britain’s biggest employers in supermarkets and hospitality are claiming the budget will lose them billions which they warn will end up in food inflation and job cuts, and, according to a letter sent to Reeves from major names in the hospitality industry, “some jobs on the minimum wage will become unviable”. If there was an impact analysis done before the Budget, Labour aren’t keen to share it.
