October 28th is the date of the nightmare Labour budget to be delivered by John “Goblin” Healey. What delights await the already punished population of Britain who have endured former budgets from Rachel Reeves, a criminal who deserves to be arrested for crimes against your wallet?
The profligate, irresponsible Labour tenure has already added over £130 billion to the nation’s debt pile. With a national debt topping £3 trillion, the UK is now paying over £110 billion per year to service the interest payments on the debt alone. Public sector net debt stood at a provisional £3,005 billion at the end of September 2026. Public sector Big State pensions alone cost the taxpayer £60 billion per annum alone and are rising yearly. The Liz Truss bond market rout looks like small potatoes to the Labour gilts market, but of course there is no mention about this by the BBC or any Labour MP.
Got a headache, or are you slightly anxious? Under the Labour regime you can get £25,000 per annum for not working and get a car and a house rent-free. That’s why welfare spending under Labour has skyrocketed to £333.8 billion per annum. This makes up over 10.6% of GDP and about 24% of total government spending.
Labour are giving HMRC a free-for-all eat as much as you want buffet by granting the tax collector to dip into any bank account and take whatever they deem is owed. No ifs, no buts; if you have any money in your bank, say goodbye to it.
There will be an internet tax which will mean selling on the internet will not be profitable any more. American companies like Amazon and eBay will be fucked as they are forced to collect VAT from sellers. If you do a bit on the side to survive living in the ruined economy, forget about that for the future.
Labour might delve into more Mansion Tax shenanigans, but who knows what the vile parasites will come up with?
The Nightmare Labour Budget — your empty wallet will be emptier if you work or own any form of private property or business. If you are, however, part of the Big State or on permanent vacation (unemployed), then thank your lucky fucking stars.
Disclaimer : This story is auto aggregated by a computer programme and has not been created or edited by DOWNTHENEWS. Publisher: dailysquib.co.uk










