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'Completely mad!' Claire Coutinho tears into Labour's 'fundamentally wrong' economic strategy

1 sources1 storiesFirst seen 4/16/2026Score25Mixed Progress
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Claire Coutinho has launched a scathing attack on Labour's handling of the economy, accusing Sir Keir Starmer's Government of "fundamentally" misjudging Britain's economic difficulties.Speaking to GB News, the Shadow Energy Secretary claimed the Chancellor has imposed £70billion in tax rises across her two budgets while simultaneously increasing levies on employment.The criticism follows new analysis from the International Monetary Fund (IMF), which has found that Rachel Reeves is set to oversee the sharpest rise in taxation among all the G7 economies, with the UK's tax burden forecast to reach 42.1 per cent of GDP by 2030.The IMF's analysis places the UK at the top of global rankings for tax increases over the period.

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TRENDING Stories Videos Your Say Rodrigo Valdés, director of the IMF's fiscal affairs department, said the nature of fiscal pressures had shifted, noting that "weaknesses are no longer mainly cyclical or the result of temporary emergencies but are structural"."They've...

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Bloggbnews.com4/16/2026