If political maneuvers were a dance, Labour needs a new teacher. British Prime Minister Keir Starmer and Finance Minister Rachel Reeves have been waltzing with four left feet.
First, Reeves hinted at breaking Labour’s manifesto pledge by raising income tax — a bold move, framed as necessary to plug a £30 billion ($39.4 billion) black hole.
Then, with one dramatic pirouette, she appears to have abandoned the plan entirely, seemingly opting instead for a “smorgasbord” of smaller levies and frozen thresholds.
Two U-turns in quick succession: one on income tax, another on the so-called “exit tax” for wealthy Britons leaving the country.
It needs a name – and not the sort that may be being bandied about in the corridors of Parliament.
