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Kemi Badenoch will accuse the Chancellor of plotting a "stealth tax bombshell" in a speech today. The Tory leader will say the U-turn on welfare reforms following a Labour revolt and the expected scrapping of the two-child benefit cap will leave Ms Reeves needing to find £8.5 billion. Mrs Badenoch will claim Sir Keir Starmer and Ms Reeves are considering "freezing income tax thresholds so that more and more people are dragged into higher rates through a stealth tax bombshell". She will say: "They're hiking taxes on people in work, to give handouts to people on benefits, the last group of people who might still vote Labour. "It's not fair, it's not right, and we will oppose them every single step of the way." Read Daily Express: https://www.express.co.uk Like Daily Express on Facebook: / dailyexpress Follow Daily Express on X: https://x.com/Daily_Express Follow Daily Express on Instagram: / dailyexpress #DailyExpress #News #kemibadenoch #conservatives #tories #melstride #labour #rachelreeves #autumnbudget #uktax