Rachel Reeves announced £40bn in tax hikes as part of a historic autumn budget that saw massive investment into the NHS. Labelling the £40bn rise announced on Wednesday a "difficult choice", Reeves said that “any chancellor standing here would face this reality".As part of the announcement, Reeves welcomed the landmark Budget - the first under the new Labour government and the first ever to be written by a woman.
He also reflected on the announcement that HS2 will now terminate at Euston, describing additional funding for TFL as "fantastic".“After all the dither and delay from the previous Government, confirming that HS2 will terminate at Euston will mean the capital can finally realise the full economic benefits of the project," he said.
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