Reeves accused of 'rattling the markets' after reported income tax U-turn pushes up borrowing costs - UK politics live

Contributing sentiments towards policy:

56% : On Monday last week Rachel Reeves, the chancellor, gave a speech that implied it was all but certain she would break a manifesto promise and raise the main rate of income tax in the budget.
54% : Only the Conservatives have fought Labour off their tax-raising plans.
54% : We're getting some market moves as investors digest Rachel Reeves' change in plans on income tax ahead of the autumn budget.
53% : The news was broken by the Financial Times last night, in a story saying Reeves and Keir Starmer have have "ditched their manifesto-busting plan to increase income tax rates, in a dramatic U-turn ahead of the budget".
43% : Reeves must guarantee no new taxes on work, businesses, homes or pensions -and she should go further by abolishing stamp duty.

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