DiscoverUK News Today | 2 Min News | The Daily News Now!Budget 'Cancelling' Christmas for Many Families
Budget 'Cancelling' Christmas for Many Families

Budget 'Cancelling' Christmas for Many Families

Update: 2025-12-05
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Labours Budget Bombshell: Christmas Canceled for Many FamiliesThe recent budget announced by Labour Chancellor Rachel Reeves has left many families across the country unable to afford Christmas this year. With forty-three new taxes, including those on milkshakes and mansions, critics have dubbed it a tax bomb on Britain. Parents are struggling to buy presents for their children, and some are even considering cheaper alternatives for Christmas dinner. One in six parents cannot afford a present, and one in four households are struggling with food costs. Business owners are also feeling the pinch due to the increase in the National Living Wage. However, some families are celebrating a Christmas windfall due to the scrapping of the two-child benefit cap, which could provide an extra five thousand, three hundred and ten pounds a year.

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Budget 'Cancelling' Christmas for Many Families

Budget 'Cancelling' Christmas for Many Families