No budget until September if Labour wins election, says Reeves

Shadow chancellor insists no additional tax rises will be needed beyond ones already announced by the party

Rachel Reeves has said there will be no budget until September if Labour wins the election, and the party will not announce any additional tax measures beyond what it has already promised.

The party has ruled out increases to income tax, national insurance, corporation tax or any form of wealth tax and Reeves said there would be no new measures proposed or black holes" to fill.