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Rachel Reeves

  • Keir Starmer: ‘I will defend our tough decisions all day long’

    October 28, 2024

    Speaking in Birmingham ahead of the Budget, the Prime Minister said politicians needed to be honest with the public about the difficult decisions facing the government.

  • Financial exclusion is a barrier to sustainable growth

    October 28, 2024

    Britain has a two-track financial system, with world-beating services for some and a poverty premium for others, says Charles Randell With a week to go until the Budget, what measures does the Financial Inclusion Commission – a cross-party group of financial experts from business, politics and the charity sector – advise the Chancellor to take [...]

  • Jeremy Hunt accuses OBR of making a ‘political intervention’ over Labour’s blackhole review

    October 28, 2024

    Chancellor Rachel Reeves has used the supposed existence of the £22bn blackhole as a justification to hike taxes in Wednesday's Budget.

  • Calls grow for Reeves to step back from capital gains tax raid on entrepreneurs

    October 28, 2024

    Over a thousand entrepreneurs have signed an open letter to the Chancellor Rachel Reeves warning of the punitive effect of a potential hike in capital gains tax at the Budget on 30 October. Nearly 1,200 entrepreneurs have now warned of the risks that could follow the rumoured rise in Capital Gains Tax (CGT) and restriction [...]

  • Reeves fiscal rule change puts economy in danger of ‘crumbling’, City analyst warns

    October 28, 2024

    "Tinkering with the definition of borrowing could be a big, if temporary, win," Nick Winters, a partner at Blick Rothenburg said.

  • Labour’s pro-business boasts ring hollow

    October 28, 2024

    Rachel Reeves once vowed that if Labour won they “would be the most pro-business government this country has ever seen”. With just two days to go until the Budget, that pre-election pledge appears to be in the gutter. Reassuring the business community was an essential part of Labour’s pitch for power, but almost everything they’ve [...]

  • Autumn Budget 2024: Working people debate a ‘terrible illusion’, former Bank of England governor says

    October 27, 2024

    Chancellor Rachel Reeves is set to increase taxes significantly in Wednesday's Budget, with reports indicating that she will raise £20bn by hiking employers' national insurance.

  • A Budget for stability must mean less is more

    October 27, 2024

    As it prepares for its first Budget, it’s critical the government considers something important but quite dull: practicality If you’d attended the government’s International Investment Summit last week and your bingo card had the words ‘regulation’, ‘stability’ and ‘growth’ on it, you’d have been over the moon. Yes, both the Prime Minister and Chancellor were [...]

  • Chancellor to cut back Right to Buy discounts in Budget

    October 26, 2024

    The Chancellor will cut back Right to Buy discounts as part of next week’s Budget to boost council housing supply. Rachel Reeves will announce plans to consult on a new five-year social housing rent settlement and to reduce Right to Buy, which allows tenants renting local authority-owned homes to buy them at a discounted rate, [...]

  • Starmer denies misleading the public over tax rises in Labour manifesto

    October 26, 2024

    Sir Keir Starmer has denied misleading the public at the general election over tax plans after he suggested people who make money from shares and property could face greater levies. The Prime Minister rejected claims he was waging a “war on middle Britain” amid pre-Budget speculation he could increase the burden for those who have [...]

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