Close Menu
amed postamed post
  • News
  • World
  • Life & Style
  • Sport
  • Entertainment
  • Health
  • Tech
  • Travel
  • Contact
What's Hot

I made Delia Smith’s favourite tuna salad — 1 swap makes it taste more delicious

July 6, 2025

Five stunning hotspots are the relaxed way to enjoy Maldives-level bea | Europe | Travel

July 6, 2025

‘I was offered £563k to house migrants in my hotel – I said no’ | UK | News

July 6, 2025
Facebook X (Twitter) Instagram
Trending
  • I made Delia Smith’s favourite tuna salad — 1 swap makes it taste more delicious
  • Five stunning hotspots are the relaxed way to enjoy Maldives-level bea | Europe | Travel
  • ‘I was offered £563k to house migrants in my hotel – I said no’ | UK | News
  • How to make tuna mayo tastier with 1 simple ingredient 5 chefs love
  • ‘I’ve been to all 195 countries on Earth and my favourite is very close to home’ | Travel News | Travel
  • 'Masterpiece' war movie hailed as a perfect 10/10 now on Amazon Prime
  • Stop boiling rice in water when alternative method adds ‘layer of flavour’
  • I tried jams from Lidl, Sainsbury’s, Aldi & 3 more — winner is 90p cheaper than Hartley’s
  • News
  • World
  • Life & Style
  • Sport
  • Entertainment
  • Health
  • Tech
  • Travel
  • Contact
Facebook X (Twitter) Instagram
amed postamed post
Subscribe
Sunday, July 6
  • News
  • World
  • Life & Style
  • Sport
  • Entertainment
  • Health
  • Tech
  • Travel
  • Contact
amed postamed post
Home»News

Labour’s first year in power sees economic growth promises turn into broken dreams | Politics | News

amedpostBy amedpostJuly 4, 2025 News No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


When Labour came to power, they promised “growth, growth, growth”. Rachel Reeves boasted of delivering the most “pro-business” Treasury Britain had ever seen. They vowed to raise living standards and to deliver economic stability.

But 12 months since the day Keir Starmer entered Downing Street, and Labour’s first year in government has delivered the opposite: weaker growth, higher taxes, the cost of living rising, unemployment up, borrowing through the roof and the public finances in disarray. This government’s economic record is one of broken promises, costly U-turns, and reckless mismanagement.

The official independent forecasts in March halved the forecast for economic growth this year. Growth has stalled because of Labour’s damaging policies – policies that punish business, choke investment, and leave working families worse off.

Labour’s £25 billion Jobs Tax has hit employers – and workers – hard. Businesses face soaring costs, forcing them to put up prices or cut jobs.

And at the Budget the Chancellor launched an inheritance tax raid on family-owned businesses. Confidence has been shattered.

This is no recipe for growth – it’s a stranglehold on our economy.

The national debt interest bill has exploded to nearly £100 billion a year – almost double what we spend on defence. Labour promised fiscal responsibility but instead abandoned it.

They rewrote the rules to allow hundreds of billions more in borrowing over the coming years – something Rachel Reeves said before the election she would not do. Another broken promise.

And now on top of the debts they were already racking up, Labour have made a series of humiliating u-turns on key policies with no clue how they are going to pay for them.

Their welfare reforms were stripped bare at the last minute in a desperate attempt to avoid both a defeat and a confidence vote in Keir Starmer.

Their U-turn on Winter Fuel Payments added a £1.25 billion hole. And we also know they’re eyeing scrapping the two-child benefit cap, another £3.5 billion unfunded cost.

This government is spending with no plan to pay.

Labour’s refusal to take tough decisions has left a massive hole in the public finances, and set the country on a dangerous path to soaring taxes and spiralling debt.

This summer, hardworking families face anxiety over how Labour plans to plug the growing financial black hole caused by their incompetence.

It isn’t a serious government – it’s chaos. And working families are having to tighten their belts.

Because, as sure as night follows day, Labour will put up your taxes. Yesterday morning, we heard from the head of the independent Institute for Fiscal Studies that Reeves could be set to clobber middle earners even more in a Budget raid in autumn.

As we have sadly warned all along, tax rises are now inevitable.

But even as we learn she could need to raise as much as an eyewatering £30 billion, Rachel Reeves still tries to pull the wool over our eyes. It’s shocking but not surprising – Labour’s thirst for tax rises cannot be quenched.

It’s no wonder Labour always leave office with unemployment higher than when they came in. This Government looks determined to fulfil that prophecy by any means necessary.

Keep Reading

‘I was offered £563k to house migrants in my hotel – I said no’ | UK | News

SNP ministers call for IDF to be banned as a TERROR group | UK | News

Elon Musk burns his final bridge with Trump by launching rival ‘Americ | US | News

‘I’m a royal expert and there is one reason Princess Kate is so inspiring’ | Royal | News

Reform declares DOGE-style ban of trans books from children’s library | Politics | News

Texts show Jeremy Corbyn was furious at Zarah Sultana over new party | Politics | News

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Cyndi Lauper picks 1904 classic as her favourite song ever

May 21, 2025

PS Plus April 2025 Extra games predictions – Last of Us Part 2 among the top picks

April 7, 2025

Review: Record Shares of Voters Turned Out for 2020 election

January 11, 2021

EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

January 11, 2021
Latest Posts

Queen Elizabeth the Last! Monarchy Faces Fresh Demand to be Axed

January 20, 2021

Marquez Explains Lack of Confidence During Qatar GP Race

January 15, 2021

Young Teen Sucker-punches Opponent During Basketball Game

January 15, 2021

Subscribe to News

Get the latest sports news from NewsSite about world, sports and politics.

Advertisement

info@amedpost.com

Facebook X (Twitter) Instagram Pinterest YouTube

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook X (Twitter) Instagram Pinterest
  • News
  • World
  • Life & Style
  • Sport
  • Entertainment
  • Health
  • Tech
  • Travel
  • Contact
© 2025 The Amed Post

Type above and press Enter to search. Press Esc to cancel.