Labour’s lead over Tories increases to 16 points as chancellor’s plans suffer reverse of a budget bounce, according to Observer Opinium survey

Jeremy Hunt’s budget appears to have backfired – with almost twice as many voters believing it will increase taxes overall, as those who think it will mean tax cuts.

The latest Opinium poll for the Observer, conducted after the budget, also shows that the Tories have fallen two points in the past two weeks, suffering the reverse of a “budget bounce”.

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