Rachel Reeves has been told to “apologise” to former Prime Minister Rishi Sunak amid claims she is set to raise taxes in her upcoming Budget.

Speaking to GB News, commentator Lizzie Cundy said the Chancellor is facing her “last throw of the dice” for “lying” to Britons about her fiscal plans.

In a pre-election debate in the House of Commons, Rishi Sunak warned that Ms Reeves was plotting to “raise the only major tax that exclusively hits working people”.

He added: “Businesses on the British High Street, your taxes are going up. Businesses investing in British energy, your taxes are going up. The small business owner looking to reap the rewards of years has spent growing a business and creating jobs, your taxes are going up.”

Delivering her verdict on Mr Sunak’s warning, Ms Cundy told GB News: “Their Government did make horrific choices, that’s why they got they didn’t get into Government again. But let’s be honest with this, Rachel Reeves is a disaster.

“And Rishi, he may have done many things wrong, but that speech was phenomenal and correct, and she does owe him an apology.”

Criticising the Chancellor for “gambling with taxpayer money”, she added: “She owes us an apology as well because this is for me her final throw of the dice coming up after her Autumn Budge.

“Because she’s been, quite frankly, gambling with our taxpayers’ money since she began.”

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Stressing the state of Britain’s economy under Labour, Ms Cundy explained: “Let’s have a look at what she’s done, shall we? We’ve got another £20billion borrowed in September, national debt continues to climb towards £3trillion, it’s unbelievable.

“Six months into financial year, the UK has already borrowed around £100billion. How is she going to get out of this hole?”

She fumed: “All she’s done is lied to us. She said she wasn’t going to tax the working people, she has lied, she is going to tax the working people. Look at the small businesses that can’t cope, the hospitality business.

“Eight pubs are closing in one week, it’s on its knees. She’s lied to the pensioners, she lied to the farmers, and it’s not looking pretty.”

Weighing in on the debate, commentator James Schneider said Labour had “no plan” in place before being elected into Government.

He told GB News: “They didn’t have any substantial plans. They had five years in opposition, and yes, there were difficult circumstances, it was Covid, it was hard to work out what was going on.

“But they did not have substantial plans for boosting people’s living standards, boosting pay, boosting productivity and boosting investment into the real economy, which means you have to reduce investment into just popping up asset prices.”

Ms Cundy agreed, responding: “I’m getting sick and tired of them talking about the past 14 years. Yes, the Tories were a disaster, but look at what they’ve done. They’ve only made with their inept policies everything ten times worse to me. She’s got no plan about the spending. It’s not under control, it’s out of control.”