Rachel Reeves has borrowed the language of the former Tory chancellor George Osborne to say her first Budget will be for “strivers” as her party faced a deepening row over the definition of “working people”.

After all, they have been increased in the first Budget after each of the last eight elections by an average of £15bn in today’s money.The Chancellor has said that taxes will not rise for “working people”.

Some details have however been confirmed by the Treasury. On Sunday, Rachel Reeves announced £1.4 billion to rebuild crumbling schools and a tripling of investment in free breakfast clubs as part of her first Budget.

British finance minister Rachel Reeves faces a tough task to raise the tax revenues she needs to invest more in public services and new infrastructure in her Oct. 30 budget.

Rachel Reeves drew cheers from investors at a British Embassy reception in Washington this week when she pointed out the budget she’ll deliver on Oct. 30 will be the first by a female Chancellor of the Exchequer in the 800-year history of the role.

The chancellor will be looking to plug a £22 billion "black hole" in the nation's finances and has said she will be making some "hard but fair" decisions amid speculation around potential tax rises