Reeves: Labour will "do everything we can" to fight income tax reduction

The transcript discusses the economic concerns following the Prime Minister and Chancellor's recent announcements. It highlights the lack of reassurance for markets and families due to rising interest rates and expensive mortgages. The energy package is seen as insufficient, and the unfunded tax cuts have spooked markets, leading to higher interest rates and a Bank of England intervention. The currency has fallen, and there's a call for Parliament to reverse budget decisions. The impact on low-income groups and the opposition to tax cuts for the wealthy are emphasized.

What implications does the speaker foresee for those on the lowest incomes due to the government's budget decisions?

What is the speaker's view on the government's approach to tax cuts for the wealthy?