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Rachel Reeves

  • I’m a Tory – here’s why I’m voting Labour in the local elections

    Opinion

    In a time of messy, multi-party politics, tactical voting is likely to define contests in next week’s local elections. Alys Denby is not prepared to let the Green Party take control of her bin collection I’m about to do something against which all my instincts recoil, something so shameful I hesitate to admit in this [...]

    AI representation of Alys Denby casting a vote for the Labour party, emphasizing political engagement and decision-making.
  • The housing sector deserves better than being threatened with rent caps

    Opinion

    The rental sector delivers not only homes but creates jobs and sustains communities. The government should recognise that, revalue the rental sector and stop demonising the very people and institutions building the homes Britain desperately needs, says Brendan Geraghty There are moments in life when you read a headline and feel genuine disbelief, and yesterday [...]

    Rachel Reeves speaking at an IOD event.
  • Small business tax rule changes will not boost Exchequer coffers, top accounting firm argues

    Tax

    A leading accountancy firm has sounded the alarm over a consultation by HMRC into tax rules for small businesses, arguing it will not close the tax gap and leave firms tangled in even more red tape. Blick Rothenberg argued that current HMRC consultation into close companies, which have fewer than five shareholders, fails to deal [...]

    HMRC overcharged pensioners thousands
  • Schroders backs Wayve and Elevenlabs with UK’s first venture capital fund for pensions

    April 29, 2026

    Autonomous vehicle unicorn Wayve and deeptech darling Elevenlabs are among the fast-growing unicorns that have been backed by the cash raised in a historic funding round by the UK’s first venture capital vehicle set up to cater for pensions. Schroders Capital announced on Wednesday it had injected over £100m into British-based tech and life sciences [...]

  • Badenoch claims Reeves will be ousted as traders warn on Labour’s turn to left

    April 29, 2026

    Tory leader Kemi Badenoch has predicted that Rachel Reeves will be sacked as Chancellor after the local elections in May, as top bankers warn of the impact of any left-turn by the government. Badenoch asked Sir Keir Starmer whether he would “reshuffle the Chancellor” after the May elections, with the Prime Minister not directly commenting [...]

  • Number of top rate taxpayers surges as frozen thresholds squeeze Brits

    April 29, 2026

    The number of higher and additional rate taxpayers in the UK has soared since the start of the decade as frozen thresholds have dragged nearly two million into paying higher rates of tax despite not being classified as traditional high-paid professionals. According to the latest personal income statistics from HMRC covering the 2023/24 tax year, [...]

  • Lloyds fires bank tax warning shot as industry ‘ripe for cash grab’

    April 29, 2026

    Lloyds Banking Group has warned the Treasury not to look at the banks for a tax raid as the industry sets its sights on booming profits in 2026. The FTSE 100 giant beat profit expectations by a cool £200m in the first-quarter after booking £2bn. This was also followed up by an upgrade to its [...]

  • End of deadlock: Pension Schemes Bill to become law as government backs down

    April 29, 2026

    The Pension Schemes Bill is set to become law after the House of Lords agreed to final watering down plans from the government, ending the long-standing deadlock between the two houses. The legislation had run into multiple walls amid consistent back and forth between the lower and upper house, after neither side refused to back [...]

  • Lloyds shares drop after income upgrade on higher interest rates

    April 29, 2026

    Lloyds Banking Group has upgraded its income targets for the year as the bank expects to bring in more cash as interest rates remain elevated from the Iran war. The FTSE 100 financial giant – which counts Lloyds Bank, Halifax and Bank of Scotland among its subsidiaries – said it expects net interest income to [...]

  • Rent controls: The left hand doesn’t know what the far-left hand is doing

    April 29, 2026

    For just under 24 hours the residential landlord sector was seized by panic following reports that first appeared on Monday night that the Chancellor was preparing to impose a ‘temporary’ ban on rent increases. The policy of rent controls was hitherto the preserve of the Green Party and Labour’s loony left, but then came reports [...]

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