For immediate release
Responding to reports that Rachel Reeves is set to release the results of an audit which is expected to show a significant black hole in the public finances, John O’Connell, chief executive of the TaxPayers' Alliance, said:
“Taxpayers will not be shocked by the state of the public finances, which successive governments simply ignored for short term political gain.
“The national debt is at catastrophically high levels, but with the tax burden already heading to an 80-year high the solution surely cannot be to hike taxes which would not only break an election promise but could deal a fatal blow to hopes on growth.
“Rachel Reeves would be better placed to take the serious, long-term decisions on spending that she has criticised previous chancellors for ducking.”
TPA spokespeople are available for live and pre-recorded broadcast interviews via 07795 084 113 (no texts)
Media contact:
Elliot Keck
Head of Campaigns, TaxPayers' Alliance
[email protected]
24-hour media hotline: 07795 084 113 (no texts)
Notes to editors:
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Founded in 2004 by Matthew Elliott and Andrew Allum, the TaxPayers' Alliance (TPA) campaigns to reform taxes and public services, cut waste and speak up for British taxpayers. Find out more at www.taxpayersalliance.com.
- TaxPayers' Alliance's advisory council.