Rachel Reeves slams ‘desperate and reckless’ Sunak over £64bn tax pledges

The shadow chancellor has accused Conservatives of making unfunded financial commitments after calling a snap election

Shadow chancellor Rachel Reeves accuses the Tories of making £64bn of unfunded spending commitments in a “desperate and reckless” effort to rescue their gaffe-strewn general election campaign.

Speaking to the Observer, Reeves said that what appeared to be pledges to slash taxes – including national insurance, income tax and inheritance tax – were reminiscent of Liz Truss’s catastrophic mini-budget and showed the Conservatives had learnt nothing from her disastrous time at No 10.