The Chancellor is said to be planning £40 billion worth of tax rises and spending cuts, and now we know a little bit more about what where some of the extra money will go.
Among the measures set to be unveiled on Wednesday are an increase in National Insurance payments by businesses big and small, which is expected to raise £20 billion.
An extended freeze on income tax thresholds, which will see 600,000 people pay a higher rate by the end of the decade, is expected too.
Rachel Reeves said yesterday she is making these 'difficult' decisions, in part, so she can spend on important areas like education.
Rachel Reeves confirmed yesterday that Labour will spend £1.4 billion to rebuild crumbling schools and triple the budget for free breakfast clubs for pupils to £30 million.
An extra £15 million will also be allocated so more primary schools can offer nurseries as part of the free childcare scheme.
Prime Minister Sir Keir Starmer said that 'children should not suffer the mess' that Labour had 'inherited from 14 years of Tory failure'.
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