UK chancellor Rachel Reeves has made some significant reforms in her latest budget. Notably, she has committed to easing living cost pressures with widespread energy bill support, higher taxes for the most expensive homes, and axing the two-child cap on certain benefits.
In a speech to Labour MPs a couple of days before the announcement, she made clear that her tax and spend decisions were a package and not a “pick-and-mix” from which backbenchers could choose the measures they liked. While Reeves will no doubt face further opposition, it may be that many of the things she has announced largely align with what Labour backbenchers had been hoping to hear.
Here’s what our panel of experts made of her plans.
