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Rachel Reeves bombshell bills admission sparks BBC Breakfast fury

The Labour Chancellor certainly didn’t sugarcoat the latest update as Brits prepare for energy bill spikes later this year.

BBC Breakfast

Rachel Reeves sparked backlash as she shared major Governmental changes on BBC Breakfast (Image: BBC)

BBC Breakfast sparked fury online after Rachel Reeves announced a series of bombshell changes for Brits who need Government support with their energy bills. On Wednesday (April 1), the Labour Chancellor joined broadcaster Peter Ruddick on the show, where she revealed that any support pushed up by the Iran war would be based on household income. In the concerning update, she hinted that help might not come until the autumn.

Wholesale oil and gas prices have soared over the past month amid severe supply disruptions from the Middle East. Home energy bills are expected to fall between April and June under Ofgem’s price cap, but warned viewers that they may skyrocket in the second half of the year.

The politician explained that it was “too early” to say who would support bills, adding that energy demand drops during the summer months but will soar as autumn rolls in. However, she refused to promise any immediate support to drivers, highlighting the need to keep public finances under control.

She began: “Last November, I extended the 5p cut in fuel duty for a further six months, and that takes us until September; that was the right thing to do. Let me be very clear, when I became Chancellor, the debt as a share of the economy was getting close to 100%, that means we’ve got almost as much debt as what we produce as a country every single year.

“I’ve managed to get the public finances under control, and that enabled the Bank of England to cut interest rates six times, and it is why we have seen inflation start to fall. I do not want to undo the work that we have done to put our public finances on a firmer footing.

“Because of the decisions and the public finances that I inherited from the previous government, we do have to be careful because every time you borrow more, you put upward pressure on inflation, upward pressure on mortgage costs, and you guarantee that taxes end up being higher in the future to pay back any money that you’ve borrowed to provide support.

Political correspondent Peter Ruddick grilled the Labour minister on the show

Political correspondent Peter Ruddick grilled the Labour minister on the show (Image: BBC)

She concluded with: “If I promised that I could alleviate every price increase for every person, I wouldn’t be telling the truth because all that you would be doing, if you do that, is pushing up inflation, interest rates and taxes in the future. We’re working now on contingencies for a whole range of scenarios to ensure that we can step in without spending money that we can’t afford as a country.”

It didn’t take long before viewers flocked to X – formerly known as Twitter – to share their frustrations online. One user fumed: “She has made us all poorer. We have an extreme tax burden and an overinflated welfare state. Labour has bankrupted Britain.” Another agreed: “Maybe just stop increasing taxes! At a time when there’s a fuel crisis, maybe don’t increase fuel duty [three skull emojis].”

A third chimed in with: “She can reduce fuel duty or carbon taxes at the stroke of a pen. Literally everyone would benefit”, as a fourth argued: “This charlatan has never told the truth. About anything. Ever.”

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