'Reeves on the edge' and 'Chancer of the Treasury'

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'Reeves on the edge' and 'Chancer of the Treasury'

Calls for Chancellor Reeves to Resign

The Daily Mail has taken a strong stance, demanding the resignation of Chancellor Reeves. Conservative leader Kemi Badenoch has criticized her for allegedly deceiving the public to justify unprecedented tax increases. Downing Street, however, insists that Reeves did not mislead the public regarding the nations finances prior to the Budget.

Claims of Misleading Fiscal Information

The Independent reports that the Office for Budget Responsibility informed Reeves that, contrary to claims of a deficit, there was actually a 4.2bn surplus. The coverage emphasizes accusations that the Chancellor misrepresented the financial situation.

Public Backlash and Nicknames

The Sun highlights public outrage over the revelations, dubbing Reeves the "Chancer of the Exchequer" in response to the controversy surrounding her fiscal statements.

Voter Reactions to the Budget

The i newspaper focuses on voter opinions, summarizing the Budget as "promising ideas, but leaving households poorer." Their polling suggests it is the least popular Budget since the Liz Truss administration, though measures like higher gambling taxes and a minimum wage increase have found some support.

Pensioners Face Cuts

The Daily Express reports that around 200,000 additional pensioners are at risk of losing winter fuel payments. Government documents reveal that 2.2 million pensioners are set to be denied the benefit, with experts warning that this figure may rise further.

Impact on Hospitality Sector

The Times describes a "stealth tax" affecting hospitality businesses, noting that a separate government agency's reassessment of property values will lead to a significant increase in business rates for high street companies next year.

Wealthy Homeowners Respond to "Mansion Tax"

The Financial Times reports that affluent homeowners are taking steps to avoid Reeves' new council tax surcharge by setting asking prices below the Budget thresholds.

International News: Kyiv Crisis

The ongoing crisis in Kyiv remains a major focus, with images of Ukrainian President Volodymyr Zelensky and top aide Andriy Yermak, who resigned following anti-corruption raids.

Chancellor Defends Tax Increases

According to the Guardian, Reeves urges the wealthy to contribute more to improve Britains "creaky" public services. She justifies her 26bn tax rise as essential for funding schools, hospitals, and infrastructure, calling her decisions "fair and necessary."

Entertainment Highlights

The Daily Mirror features TV host Ruth Langsford discussing her split from broadcaster Eamonn Holmes, while the Daily Star showcases footballer Wayne Rooneys humorous criticism of Mr Tumble, joking that the character influenced his decision to undergo a vasectomy after having four children.

Author: Sophia Brooks

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