WATCH: Mel Stride warns Labour policies are 'hitting businesses and taxpayers'

Shadow Chancellor Mel Stride has warned that Labour’s approach to welfare, taxation, and economic policy is harming both businesses and hard-working taxpayers.

Speaking after the Budget, Mr Stride highlighted the impact of leaked financial documents, saying uncertainty has “destabilised markets” and made it harder for companies to plan for the future.

Mr Stride criticised the Government’s spending plans, arguing that rising welfare costs and tax hikes are putting additional pressure on households while doing little to promote economic growth.

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