Desperate Rachel Reeves turns to controversial hard-Left zealot who fought higher taxes

In order to help Rachel Reeves write the budget, a controversial minister was appointed to scrape the pension in middle classes.

Pension Minister Torsten Bell was quietly promoted to help him prepare for an autumn budget that he had to fill a black hole in public financing, which was estimated to be £ 50 billion.

Treasury sources said Chancellor seeing Mr. Bell as one of Labour’s ‘the sharpest minds’. However, critics said that the left wing solution was led by Think-Tank, while he had spent a campaign for higher taxes and spending for years.

During his time as a consultant to Ed Miliband, Mr. Bell was also responsible for the disaster ‘Ed Stone’ project, seeing the worker’s mockery to carve the 2015 elections on an eight -meter limestone sign.

Sir Mel Stide, the Shadow Chancellor, warned that his appointment strengthened the fear that Mrs. Reeves had planned another ‘punishment’ budget in this fall. ‘Labour’s latest appointment confirms his intentions – higher taxes, more borrowing and punishing success,’ ‘he said.

‘Torsten Bell suggested to increase taxation, fuel tax march and council tax. Rachel wants to tax your future to pay for the failure of Reeves.

‘When businesses fail, they become bust. When Rachel Reeves’ policies fail, the Labor Party borrows more and more taxes. This is the risk of keeping people responsible for the economy. ‘

After Mastermind Bay Miliband’s help of the election in 2015, Mr. Bell spent almost ten years as a general manager of the Solution Foundation before Labor’s last year’s last year’s elections.

Pension Minister Torsten Bell (in the picture) quietly promoted to help the chancellery for the autumn budget

In time in Think-Tank, Mr. Bell defended higher taxes. He was appointed as the Minister of Pension in January, despite the termination of the retirement triple lock, which he promised to retire in 2020.

In addition, the pension tax reduction was previously discontinued for higher earnings and a decrease in the amount that could be withdrawn from a tax-exempt retirement-Bayan Reeves were considered to have cash money this autumn and both ideas were taken into consideration.

Ms. Reeves has already adopted its controversial plan to increase the inheritance tax for family farms and businesses, and is said to consider the call to look at the exemption from the capital earning tax for family houses.

The ally of the chancellor, the new statesman magazine, Mr. Bell ‘the budget will bring new insights because he saw the budget from both ends: to write them in the room and today the program breaks down’.

However, former Tor leader Sir Iain Duncan Smith said that the ‘disaster’ appointment showed that Mrs. Reeves had exhausted their ideas just a year later. The authority added: ‘Torsten Bell found new ways to raise taxes without proposing any idea to cut expenditures. The appointment shows that we are for even more destructive tax increases. ‘

Julian Jessop of the Free Market Institute of Economic Affairs, after the reports of Mr. Bell’s new role, the government’s borrowing costs have risen, he noted. The authority added: ‘The bond markets are not excited to have a greater say in the budget, because these make their spending cuts even less likely.’

Mr. Bell refrained from commenting.