Sir Keir Starmer will issue a defiant defence of the Budget after Rachel Reeves was forced to deny having lied about the state of the country’s finances in an effort to justify her £26bn worth of tax hikes.
In what will be seen as an attempt to prop up his embattled chancellor, the prime minister will on Monday argue that Ms Reeves has provided economic stability by raising billions of pounds more in so-called fiscal “headroom” to protect against future market shocks.
