Piers Morgan is known for voicing his opinion publicly.

Rachel Reeves delivered the Budget earlier today (Image: Getty)

Outspoken journalist Piers Morgan has issued a blunt statement following Chancellor Rachel Reeves’ delivery of the autumn Budget this afternoon. Millions of people are facing a shake-up to their finances due to tax, wage, and benefit changes outlined by Reeves today.

The Labour government announced a myriad of measures affecting taxes, household costs and benefits, from income tax thresholds to energy bills. There are also changes to the National Minimum and Living Wage as the legal minimum hourly rate will rise depending on age. The Chancellor also announced that tobacco and alcohol duties will increase in line with inflation.

In summary, Reeves unveiled £26 billion of tax increases after stating she would not return for more after her £40 billion raid last year. After her speech, Reeves also refused to rule out another tax-hiking Budget.

Morgan took to X following the Chancellor’s statement to share a picture of herself holding the infamous red briefcase, accompanied by a savage caption.

He wrote: “Labour’s plan for Britain: Growth DOWN Inflation UP Borrowing UP Taxes UP Debt UP.” He ended with a sarcastic takedown, writing: “Thanks, Rachel.”

Morgan’s followers flocked to comment on the post. One said: “Labour’s plan for Britain: everything up except the things we actually want. Thanks Rachel, my blood pressure is now nationalised too.”

A second added: “Piers nailed it. Growth down, inflation up, borrowing exploding, taxes at a 70-year high, debt still crushing us, and she smiles like she fixed everything. This budget is a disaster for working families. Labour owns this mess now.”

Reeves said earlier today: “I can’t write future budgets, but if you are asking ‘is this a Budget I wanted to deliver today’ well, I would have rather the circumstances were different.

“But as Chancellor, I don’t get to choose my inheritance and I have to live in the world as it is, not the one that I might like it to be.

“And I believe that I made the fair and the necessary choices given the fiscal circumstances.”