• 8 hours ago
Chancellor says it would be 'irresponsible' to rule out further tax risesSky News

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00:00You're asking the public for 40 billion tax rises can you at least reassure
00:03people there are no more tax rises after this? Well I've committed to just have
00:07one budget a year I'm not coming back to this. No, this Parliament. I'm not going to
00:11make commitments to never change taxes again that would be irresponsible but
00:16this is a once-in-a-parliament budget to wipe the slate clean after the mess
00:21that the Conservatives have left us. Just final question, the markets, the gilt
00:24yields are rising, investors are worried about your budget. Gilt yields are going up.
00:29Well what I saw straight after the budget was that the FTSE had increased
00:35and gilt yields had fallen. They're going up. Well I haven't seen those like latest
00:40market moves but the combination of our stability rule that we will pay for day
00:45to day spending through tax receipts and investment rule to ensure that we can
00:49invest alongside business should give markets and investors confidence to
00:54invest in Britain. Okay Chancellor thank you.

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