Richard Tice BLASTS Labour's 'socialist' Budget: 'Assault on jobs and hard work!'

Gabrielle Wilde

By Gabrielle Wilde


Published: 30/10/2024

- 17:21

Updated: 30/10/2024

- 17:36

Rachel Reeves delivered her Autumn Budget in the House of Commons today

Richard Tice has slammed Labour's "socialist" budget in a scathing rant to GB New.

The Reform UK MP said: "This is the most socialist we've ever had in our lifetime. Taxes up 40 billion, spending up 60 billions of pounds.

"They've cooked the books, fiddled the books. The bond markets reacted badly last week and this week since the budget and the forecast, from what I call the Office of Incompetent forecasting the OBR.

"Frankly, their fantasyland growth is down. And this is a very scary, risky budget. It's bad for growth, it's bad for small businesses, it's bad for entrepreneurs, and it's bad for working people.

"Everybody's going to pay more tax at every single level, and the public sector will waste it."

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