Ex-IFS head Paul Johnson said Reeves misled the nation with her pre-Budget spin after it was revealed the OBR had uprated expected tax receipts long before November:
“I think it [her November 4 ‘tax rises are coming’ press conference] probably was misleading. It was clearly intended to have an impact and confirm what independent forecasters like NIESR and the IFS had been saying. It was designed to confirm a narrative that there was a fiscal black hole that needed to be filled with significant tax rises. In fact, as she knew at the time, no such hole existed.”
