Reeves says she did not lie about public finances amid row over deficit claims – UK politics live

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Rachel Reeves, Labour's Shadow Chancellor, denied lying about the state of public finances before the budget, responding to criticism following Chancellor Jeremy Hunt's budget announcement. Hunt stated that a downgrade in productivity, costing £16 billion, necessitated tax increases. Keir Starmer defended Reeves's budget, stating it aligned with Labour's manifesto, while acknowledging the need for contributions from everyone. The controversy unfolds amidst accusations that Labour broke a manifesto pledge. Separately, a new left-wing party, potentially named "Your Party," led by figures including Jeremy Corbyn, voted for a 'collective leadership' structure at its founding conference in Liverpool, despite Corbyn's reservations about such a system.
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