Rachel Reeves says she cannot rule out autumn tax rises after ‘damaging’ week | Rachel Reeves

Rachel Reeves insisted that it was impossible to exclude tax increases in the autumn budget and that he never thought of quitting for himself and the government despite a turbulent week.

In an interview with Guardian, Chancellor said the irrigation of the welfare bill has “costs ve and admitted that it was a“ harmful ”week for Downing Street.

The tears of the Chancellor on Wednesday frightened the financial markets and made questions about the future of the work, but he did not weigh just behind 10, he said that he and the Prime Minister were locked.

Although Reeves was the focal point of an anger of Backbench on the dealing of the economy, he said, ım I didn’t work so long, ”he said, he said he never thought of resigning from his position.

He said that the Prime Minister regretted that he had entered his questions in tears after “a difficult day in the office”, but hoping that people can “establish a relationship with the boredom.

“This was a personal issue, but it was the shine of the camera. And this was unfortunate, but I think people saw that I was going back and there,” he said.

“I went to the Prime Minister’s questions because I thought it was the right thing, because I am always here at noon on Wednesday. You know, I probably wished not to go in… [on] A difficult day in the office. But, you know, that’s it. But I think most people can relate to this – they had difficult days. “

The challenging moment in the parliament came during the week when a Backbench rebellion forced Reeves to leave the country to 5 billion pounds to the black hole to fill the country’s financing.

“This was damaged,” he confessed. “I will not deny this, but I think now we are, with a review led by Stephen Timms [a work and pensions minister]Obviously, this is the route we have received right now.

“This is the right thing to do. It is important that we listen to the government, listen to our colleagues and listen to what the outside groups say.”

Timms is working with disabled groups to reform the personal independent payments (PIP) system, which is the target of government cuts until the Great Backbench rebellion pushes the government to release the government.

Reeves said that the government has learned lessons about bringing deputies and the country with them until things that are expected to be a difficult budget this autumn this autumn.

“As I move to the budget for autumn, I want to bring people to these exchanges,” he said.

When asked if he was ready to ignore tax increases, or not, “I am not, because a chancellor would be irresponsible to do this. Last year, we made decisions to draw a line under non -funded commitments and economic false management. So we will never have to do such a thing. But what happened have costs.”

Although the tax increases are on the table, Reeves will remain the financial rules and said, iz We will continue to keep this concept in public finances ”. However, he emphasized the need to accompany this with a strong explanation of how the Treasury’s elections comply with their labor values.

Im I won’t apologize for being sure that the numbers are collected, ”he said. “But we need to be sure that we tell a story and a worker story. We did this well in the budget and expenditure examination, we have increased the taxes on the richest and businesses. Last year, in the budget, I have made it clear that priorities in this budget are to protect the employees working and to rebuild England.”

Some of the Government and the Labor Party are either pressing either the Budget Responsibility Office, which produces two forecasts and decisions annually on the re -evaluation of financial rules or whether the rules are met.

When asked if he would think of a estimation instead of two, Reeves said, uz We look at how OBR works, but I think it is really important to have these independent economic institutions, because if you start to weaken them and start to get rid of the controls and balances on a government, I think it is risky. However, he made some suggestions about international monetary funds.

While OBR can still produce two predictions, the IMF suggests that only one -year assessment is possible as to whether the chancellor hit the financial rules. However, government resources, such as spring expression, such as in the expression of any changes to reduce last -minute changes may be more regular information exchange lines.

Reeves also talked about the urge to reduce poverty, but would not be drawn about whether to remove the benefit limit with two children. Keir Starmer said that the government would “look at it ,, but experts warned that it would be more difficult when the hole left by the U -turn in the welfare cuts.

Chancellor said that he wanted to reduce the poverty of the child, but he did not marry any particular policy: “I think all the good children can see how serious I am to make sure that we have made a good start with what we did in spending a few weeks ago.”