Rachel Reeves has accused the Tories of picking the pockets of millions of Brits with stealth tax increases, as she hit out at 12 years of economic "failure".
Her comments came after the Chancellor Jeremy Hunt unveiled the Autumn Statement and announced major tax increases in the midst of a cost-of-living crisis.
Mr Hunt also confirmed that the UK is now in recession with the economy expected to shrink further next year, based on Office for Budget Responsibility forecasts.