Lizzie Cundy mocked Rachel Reeves’s tears (Image: GB News )

GB News star Lizzie Cundy demanded that Rachel Reeves resign as she accused the Chancellor of “gambling with our taxpayers’ money”. All eyes are on Ms Reeves ahead of the November financial statement, as she will reveal the nation’s borrowing, spending and tax plans for the year ahead.

Cundy was part of The Saturday Five show, where she joined the panel hosted by Alex Armstrong alongside Will Kingston, Tre Lowe, and Cai Wilshaw. As they discussed the upcoming Budget, the socialite mocked Ms Reeves’s PMQs tears as she declared: “I’ve got a plan, it’s a big plan,” then added: “Boo hoo,” while pulling out tissues, pretending to weep. While the rest of the panel laughed, Cundy stated: “Well, it’s us that’s going to be crying after this autumn Budget.”

As she threw away the tissue, the broadcaster continued: “It’s the final throw of the dice for Reeves, I really do think so. That’s quite appropriate because she’s gambling with our taxpayers’ money all the time.”

Rachel Reeves was visibly crying during a PMQs in July (Image: BBC)

The star blasted: “Let’s look at her inept economic policies. Another £20million was borrowed just in September. National debt continues to climb towards £3 trillion, and six months into the financial year, the UK has already borrowed around £10billion.”

“Oh my word,” Cundy remarked as she asked: “How are you, Rachel, going to fill this ever-increasing billion black hole that you keep saying is getting bigger and bigger?

“It went from £20billion, it’s £30billion, it’s £40billion, what are we going to do? Because let me tell you, with all your tax increases, the wealthy are leaving.”

Speaking on the UK’s reported millionaire exodus, she continued: “About 16,500 are about to leave by the end of the year.

“So who’s going to fill this black hole? All I can think of is those that are on benefits. It’s not going to work, Rachel, you really don’t have a clue.”

Cundy fumed: “You know who I blame? It’s Keir Starmer, because he had the worst judgement ever in putting you in this position.”

Major concerns are growing ahead of the Budget as Ms Reeves refused to rule out an income tax rise, which would break a key Labour election pledge not to raise taxes on working people.

When asked by The Guardian about reports that the Treasury is in active discussions over raising the rate, Ms Reeves said she would “continue to support working people by keeping their taxes as low as possible”.