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Rachel Reeves

  • Labour worked hard to woo business, but now comes the real test

    June 13, 2024

    The Tory party manifesto, undeliverable and shaky though it was on the numbers, did have something going for it. The gradual abolition of national insurance to be replaced with a single income tax; more housebuilding; cutting the time it takes to get spades in the ground on major infrastructure projects. If you take it at [...]

  • Shares in Lloyds, Natwest and HSBC jump as Reeves appears to rule out Labour raid on lenders

    June 12, 2024

    Shares in the UK's high street banks were among the biggest risers in a wider market rally on Wednesday.

  • April GDP figures show scale of the challenge if Starmer wins the election

    June 12, 2024

    Philip Shaw, chief UK economist at Investec, said "April’s numbers represent a blip in the recovery story rather than the start of a new downturn".

  • Labour to U-turn on lifetime pensions allowance in boost for wealthiest earners

    June 10, 2024

    Labour has reportedly abandoned plans to bring back the lifetime pensions allowance, in a move which will boost some of Britain’s most wealthiest earners. 

  • Election 2024: Labour to rule out tax rises in ‘iron-clad’ manifesto pledge

    June 9, 2024

    Labour’s manifesto will contain an “iron-clad commitment” to rule out increases to national insurance, income tax or VAT, Rachel Reeves has revealed.

  • Reeves being lobbied to hike capital gains tax by Labour party

    June 6, 2024

    Rachel Reeves is facing pressure from members of her own shadow cabinet to raise capital gains tax in her first autumn budget should Labour be elected on July 4.

  • Will it work? Securonomics

    June 6, 2024

    Rachel Reeves has promised growth, but not to increase borrowing or impose new taxes. Can securonomics work? Sam Fowles investigates.

  • Labour faces £33bn blackhole if it maintains state spending, research suggests

    June 4, 2024

    Maintaining per person funding in unprotected departments would leave the next government facing a £33bn blackhole, research suggests.

  • Reeves and Hunt are being dishonest. Their plans mean taxes will have to go up

    June 4, 2024

    Hunt and Reeves should engage in a grown-up debate about their economic plans rather than mislead the public about what will likely have to happen to taxes under their watch, Chris Dorrell writes

  • Labour hold record lead over Tories among UK businesses, pollsters find

    June 3, 2024

    Labour have clocked up a record 17-point lead over the Conservatives among UK businesses ahead of the July 4 general election.

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