GB News host Eamonn Holmes has taken aim at Britain's "shrinkflation" ahead of Labour's latest economic announcement, declaring Britons are "paying more for less".

Chancellor Rachel Reeves will deliver her Spring Statement in the House of Commons today, which has been predicted to slash welfare benefits and increased spending on defence.

GB News host Eamonn Holmes has taken aim at Britain's "shrinkflation" ahead of Labour's latest economic announcement, declaring Britons are "paying more for less".Chancellor Rachel Reeves will deliver her Spring Statement in the House of Commons today, which has been predicted to slash welfare benef...{ai:summary}<p>Eamonn Holmes criticized the phenomenon of "shrinkflation" in Britain, stating that consumers are "paying more for less." This comes as Chancellor Rachel Reeves is set to present the Spring Statement, which is expected to reduce welfare benefits and boost defense spending. #economy</p>

Labour is 'ignoring' the 'invisible costs' hitting Britons, Eamonn Holmes claims

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