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The claim

A Conservative Party advert has claimed that “jobs are being slashed at the fastest rate since the financial crash as a direct result of Rachel Reeves’ tax raising budget”.

Rating

The advert cites a report from S&P Global, a well-respected industry survey, but that document says the proportion of companies that are reducing job numbers is the highest since the Covid-19 pandemic, not the 2009 financial crash.

Reviewed by PA Media ↗ ·

Original fact check ↗

Sources and attribution

  1. [original] PA Media original review

    Original review · Retrieved October 16, 2026