Chancellor of the Exchequer Rachel Reeves has acknowledged that she previously provided misleading information to British voters about Labour's tax plans before the election.

In a recent interview, she admitted that her earlier statement, which stated that there would be no new tax increases beyond what was already outlined, was incorrect.

This admission comes after Reeves announced a £40 billion revenue-raising package, which includes adjustments to payroll levies and inheritance tax—measures that were not explicitly mentioned in the Labour Party's campaign manifesto.

The scrutiny surrounding her comments has increased as the government prepares to implement these new fiscal policies.