UK's opposition Labour: government has destroyed its economic credibility
- United Kingdom
Britain's opposition Labour Party said on Monday the government had destroyed its economic credibility and damaged trust in the British economy, after a U-turn on plans to abolish the highest rate of income tax.
"This is not over - it's not just some distraction," Labour's finance spokesperson Rachel Reeves said in a statement. "They need to reverse their whole economic, discredited trickle down strategy."
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)