PMQs LIVE: Budget income tax plans dominate

The Conservative leader says the government briefed that income tax would increase, before backtracking – saying their plans “unraveled”.

Starmer says the plans will be announced by the chancellor next week – but that it will be a “Labour budget with Labour values”.

Badenoch goes on to ask whether income tax thresholds will be frozen, meaning more people pay higher rates as their pay increases.

In his reply, Starmer focuses on the Conservatives’ record – saying Labour won’t inflict austerity on the country, nor go on a “borrowing spree”.

Just a week to go before the Budget, it is reported Chancellor Rachel Reeves expected to increase taxes.

Reports vary in what to expect from the Budget announcement but many say taxes will go up.

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