Cost of Living Crunch: Reeves Under Fire Over Energy Bills & Holiday Tax

Is Labour making the cost of living crisis even worse? As the fallout from the Iran conflict continues to hit household finances, Rachel Reeves has unveiled plans to give families “breathing room” by cutting VAT on days out and attractions, while offering no direct help on soaring energy bills.Former No.10 adviser Oscar Reddrop reacts to accusations Labour is prioritising headline-grabbing gimmicks over real economic relief, amid warnings of a new £1bn stealth tax on family holidays.Financial analyst Danni Hewson breaks down what Reeves’ plans could actually mean for families already struggling with inflation, fuel costs and rising household bills.Plus, Emma Revell from the Centre for Policy Studies discusses whether Labour’s economic approach risks making Britain less competitive, more heavily taxed and harder for working families to afford.Cost of living crisis, Rachel Reeves backlash, family holiday tax, energy bills, Iran war inflation. Is Labour helping families or hurting them? Hosted on Acast. See acast.com/privacy for more information.