Rachel Reeves is accused of 'outright falsehood' after claiming she protected 'working people' by not hiking their NI in her Budget
3 months ago

Rachel Reeves is accused of 'outright falsehood' after claiming she protected 'working people' by not hiking their NI in her Budget

Daily Mail  

Rachel Reeves was yesterday accused of ‘outright falsehood’ over her claims about Labour’s handling of the economy The Chancellor was mauled by former Bank of England official Andrew Sentance over her response to figures showing inflation climbed to 2.6 per cent in November, an eight-month high amid increasing evidence that the party is derailing Britain’s recovery. Ms Reeves claimed in response to the inflation figures that she had protected working people by not hiking ‘their national insurance’ - even though she staged a £25bn raid on national insurance contributions by employers. Mr Sentance said hopes of eventually cutting the Bank’s benchmark interest rate - currently at 4.75 per cent - below 4 per cent had been left ‘in tatters’ as inflation remains stubborn. Former Bank of England money-setter Andrew Sentance said the Chancellor's comments were an 'outright falsehood' Shadow chancellor Mel Stride blamed Ms Reeves for making ‘irresponsible’ decisions.

Inflation Labour Budget Bank Cent Britain Working Rachel Reeves Working People Ms Reeves Chancellor Bank Of England Outright Falsehood  working  ni  protected  claiming  outright  cent  hiking  figures  start  bank  sentance  national  rachel  reeves  chancellor  budget  falsehood  inflation

History of this topic

Reeves wriggles on Labour's economic slump: Chancellor denies triggering UK plc's slowdown as she admits 'hard' decisions coming on '£15bn' cuts in Spring Statement - with fears living standards WILL
6 hours, 43 minutes ago

Reeves wriggles on Labour's economic slump: Chancellor denies triggering UK plc's slowdown as she admits 'hard' decisions coming on '£15bn' cuts in Spring Statement - with fears living standards WILL

Daily Mail  

Rachel Reeves wriggled on the stalling economy today as she admitted 'hard' decisions are coming in the Spring Statement. Rachel Reeves wriggled on the stalling economy today as she admitted 'hard' decisions are coming in the Spring Statement Your browser does not support iframes. Pressed on a report from the Joseph Rowntree Foundation predicting a huge drop in living standards …

Rachel Reeves has six months to save her job: Rattled Labour MPs issue stark warning to Chancellor as unease over her £15bn plan to slash state spending intensifies
Trending News
15 hours, 40 minutes ago

Rachel Reeves has six months to save her job: Rattled Labour MPs issue stark warning to Chancellor as unease over her £15bn plan to slash state spending intensifies

Daily Mail  

Rachel Reeves has been warned that she has six months to save her job, as Labour MPs grow increasingly restive over her plan to slash state spending by £15 billion. Just 18 per cent want to see an increase in taxes, compared with the 40 per cent for cutting spending and 11 per cent who think public borrowing should be …

Chancellor blames global turmoil after GDP fell 0.1% in January - with no mention of Labour's tax raid on National Insurance or raft of new workers' rights
1 week, 1 day ago

Chancellor blames global turmoil after GDP fell 0.1% in January - with no mention of Labour's tax raid on National Insurance or raft of new workers' rights

Daily Mail  

Rachel Reeves yesterday tried to blame global turmoil after official figures raised fears that the economy is heading for recession under Labour. Yet she made no acknowledgment of the effect of the Government's tax raid on employer National Insurance and a raft of new workers' rights. Rachel Reeves during a March visit to Rosyth to discuss boosting economic growth Tory …

Rachel Reeves to make huge cuts to Britain's welfare bill - as Chancellor prepares to blame world events for the need to slash spending
2 weeks, 3 days ago

Rachel Reeves to make huge cuts to Britain's welfare bill - as Chancellor prepares to blame world events for the need to slash spending

Daily Mail  

A Labour Cabinet minister yesterday claimed there is a ‘moral case’ for cutting the welfare bill, as Rachel Reeves prepares to blame the need to slash spending on world events. Justice Secretary Shabana Mahmood said the current situation is ‘unsustainable’ - with scores of people out of work who could be. Rachel Reeves is set to submit her plans for …

Rachel Reeves 'plans to slash £5bn' from welfare as she scrambles to find more room for defence spending
Trending News
2 weeks, 4 days ago

Rachel Reeves 'plans to slash £5bn' from welfare as she scrambles to find more room for defence spending

Daily Mail  

Ministers are making the 'moral case' for cutting welfare as Rachel Reeves scrambles to find billions of pounds with the economy stalling and defence demands on the rise. Many blame the stuttering performance on the extra burden placed on businesses, while Ms Reeves has acknowledged that Britain will be hit by Donald Trump's tariffs even if only indirectly. Rachel Reeves …

Income tax will have to rise, ex-Bank of England chief warns, as he blasts Reeves’ ‘irresponsible’ promises
3 weeks, 2 days ago

Income tax will have to rise, ex-Bank of England chief warns, as he blasts Reeves’ ‘irresponsible’ promises

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery Mervyn King was the chancellor’s boss at the Bank of England …

Rachel Reeves ‘wrongly claimed to have work published in leading economics journal’
1 month ago

Rachel Reeves ‘wrongly claimed to have work published in leading economics journal’

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Further questions are being raised over alleged exaggerations of Rachel Reeves’s …

Can Rachel Reeves survive questions over her expenses and CV?
1 month, 1 week ago

Can Rachel Reeves survive questions over her expenses and CV?

The Independent  

How much easier would Keir Starmer’s life be if his chancellor, Rachel Reeves, decided that the various allegations flying around about her CV and past behaviour at a bank were “too much of a distraction” from the important work of the government? Obviously these fresh questions about Reeves’s personal behaviour in the past – some dating back 20 years – …

Under-fire Rachel Reeves breaks cover to insist 'no issues were ever raised' about expenses during her banking career despite claims she faced a probe - and says public should judge her on the economy
Trending News
1 month, 1 week ago

Under-fire Rachel Reeves breaks cover to insist 'no issues were ever raised' about expenses during her banking career despite claims she faced a probe - and says public should judge her on the economy

Daily Mail  

An under-pressure Rachel Reeves today broke cover as she defiantly insisted 'no issues were ever raised' about her expenses during her banking career. An under-pressure Rachel Reeves broke cover as she defiantly insisted 'no issues were ever raised' about her expenses during her banking career The Chancellor observed the work of a bricklayer during a visit to a building construction …

Rachel Reeves ‘investigated over expenses’ while working at bank
1 month, 1 week ago

Rachel Reeves ‘investigated over expenses’ while working at bank

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. So I think there’s still questions to be asked about what is going on and …

Rachel Reeves 'was investigated over her expenses' after complaints she was using system to 'fund a lifestyle' when she worked for bank
1 month, 1 week ago

Rachel Reeves 'was investigated over her expenses' after complaints she was using system to 'fund a lifestyle' when she worked for bank

Daily Mail  

Rachel Reeves was investigated over irregularities in her expenses claims when she worked for a bank, it was claimed today. The Chancellor and two other senior managers at the central bank are said to have been subject to an internal audit at Halifax Bank of Scotland after whistleblowers alleged they were using the system to 'fund a lifestyle' including dinners, …

Should Rachel Reeves pay for her mishandling of the economy?
1 month, 2 weeks ago

Should Rachel Reeves pay for her mishandling of the economy?

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Given everything …

Rachel Reeves hit by gloomy UK growth forecast despite interest rate cut to 4.5%
1 month, 2 weeks ago

Rachel Reeves hit by gloomy UK growth forecast despite interest rate cut to 4.5%

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Rachel Reeves has been dealt a further blow in her bid …

Rachel Reeves is warned UK businesses cannot take any more tax rises - as fears grew that the economy is on the verge of a downturn
1 month, 2 weeks ago

Rachel Reeves is warned UK businesses cannot take any more tax rises - as fears grew that the economy is on the verge of a downturn

Daily Mail  

Rachel Reeves was last night warned that businesses cannot take any more tax rises as fears grew that the economy is on the verge of a downturn - 100 days on from the Budget. Rain Newton-Smith, chief executive of the Confederation of British Industry, said firms were ‘still seriously flagging’ as they strain under the burdens imposed by the Chancellor. …

Top Labour backer turns on party over Reeves’ ‘crippling’ Budget
1 month, 2 weeks ago

Top Labour backer turns on party over Reeves’ ‘crippling’ Budget

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery Sacha Lord threatened to quit the Labour Party over the chancellor’s …

Humiliating double blow for Rachel Reeves as rich flee UK and she gets snub for speaking slot at the prestigious World Economic Forum in Davos
2 months ago

Humiliating double blow for Rachel Reeves as rich flee UK and she gets snub for speaking slot at the prestigious World Economic Forum in Davos

Daily Mail  

Chancellor Rachel Reeves faced claims last night that she was being snubbed at home and abroad by powerful rich investors potentially vital to Britain’s economy. Chancellor Rachel Reeves, pictured, faced claims last night that she was being snubbed at home and abroad by powerful rich investors potentially vital to Britain’s economy. Picture: The then shadow Chancellor in Davos in January …

Boost for Reeves as inflation falls after No 10 refuses to rule out emergency budget: Live
Trending News
2 months, 1 week ago

Boost for Reeves as inflation falls after No 10 refuses to rule out emergency budget: Live

The Independent  

✕ Close Starmer vows to work with Musk on AI growth after billionaire's criticism of government Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The …

Tough times for the ‘Iron Chancellor’ who needs to regain the nation’s trust
2 months, 1 week ago

Tough times for the ‘Iron Chancellor’ who needs to regain the nation’s trust

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Returning from a trade mission to …

Rachel Reeves facing calls to cancel controversial China trip as pound tumbles
2 months, 1 week ago

Rachel Reeves facing calls to cancel controversial China trip as pound tumbles

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. These include: Gilts underpinning government debt at a higher level than during the crisis that …

Rachel Reeves must now tell us when things are going to get better
2 months, 1 week ago

Rachel Reeves must now tell us when things are going to get better

The Independent  

Having generated such a handsome amount of political capital from the chaotic failure of the last Conservative government to manage the public finances, it must be doubly galling for Rachel Reeves to be faced with her own fiscal crisis – and disobliging headlines about market turbulence – so soon in her own chancellorship. The cost of servicing the UK national …

Nigel Farage ‘hasn’t got a clue’ how to fix the economy, says Rachel Reeves
3 months ago

Nigel Farage ‘hasn’t got a clue’ how to fix the economy, says Rachel Reeves

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our …

Rachel Reeves is accused of killing growth as Bank of England warns UK economy is grinding to halt after her anti-business Budget
3 months ago

Rachel Reeves is accused of killing growth as Bank of England warns UK economy is grinding to halt after her anti-business Budget

Daily Mail  

Rachel Reeves was yesterday accused of killing growth as the Bank of England warned the economy is grinding to halt in the wake of her anti-business Budget. Shadow business secretary Andrew Griffith said: ‘Today’s growth downgrade from the Bank of England follows warnings from almost every business group and forecaster. Not a surprise that the financial markets are pushing up …

UK economy shrinks again in another blow to Reeves, new figures show
3 months, 1 week ago

UK economy shrinks again in another blow to Reeves, new figures show

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Rachel Reeves said the figures were disappointing “We are determined to deliver economic growth as …

Labour tax U-turn? Rachel Reeves refuses to rule out more rises despite CBI pledge
3 months, 2 weeks ago

Labour tax U-turn? Rachel Reeves refuses to rule out more rises despite CBI pledge

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Rachel Reeves refused to rule out more tax rises As MPs voted through the controversial …

I'm so angry, I want to ban Rachel Reeves from my grocer shop: After that controversial Budget, how business owners in her own backyard REALLY feel about the Chancellor
3 months, 3 weeks ago

I'm so angry, I want to ban Rachel Reeves from my grocer shop: After that controversial Budget, how business owners in her own backyard REALLY feel about the Chancellor

Daily Mail  

Raymond Sutcliffe is fuming. Under a ‘temporary’ policy introduced during the pandemic, business rates relief was meant to end in April next year. ‘The staffing and National Insurance costs next year are going to be an extra £170,000 for us as a business – which is massive,’ he explains. ‘The current relief was only temporary, with business rates expected to …

Rachel Reeves brushes off business: Chancellor tells angry business chiefs nobody has any 'alternatives' to her massive Budget tax raid - despite half of firms warning of job cuts
3 months, 3 weeks ago

Rachel Reeves brushes off business: Chancellor tells angry business chiefs nobody has any 'alternatives' to her massive Budget tax raid - despite half of firms warning of job cuts

Daily Mail  

A bullish Rachel Reeves today dismissed business anger over her monster Budget tax raid by insisting no-one has any better ideas. Chancellor Rachel Reeves acknowledged anxiety about the impact of the measures in her bombshell fiscal package as she was grilled at the CBI conference CBI chief executive Rain Newton-Smith insisted industries such as retail and hospitality have been pushed …

Why is Rachel Reeves accused of ‘lying’ on her CV?
4 months ago

Why is Rachel Reeves accused of ‘lying’ on her CV?

The Independent  

Among her challenges, chancellor of the Exchequer Rachel Reeves has been accused of “lying” about her CV. “Lying” – at least according to one lobby journalist who put that accusation, bluntly, to the prime minister’s spokesperson. Former Conservative Party chair Richard Holden has written to the chancellor, stating: “The allegations that your CV might not be accurate are incredibly serious …

Downing Street refuses to say whether Rachel Reeves broke the ministerial code after saying she was an 'economist' in her online CV - then changing it to 'retail banking'
4 months ago

Downing Street refuses to say whether Rachel Reeves broke the ministerial code after saying she was an 'economist' in her online CV - then changing it to 'retail banking'

Daily Mail  

Downing Street has refused to say whether Rachel Reeves broke the ministerial code amid accusations she lied on her online CV. Downing Street has refused to say whether Rachel Reeves broke the ministerial code amid accusations she lied on her online CV Her LinkedIn CV - which had previously said that she was an economist at the Bank of Scotland …

How Reeves can save the ‘crown jewel’ of Britain’s economy
4 months ago

How Reeves can save the ‘crown jewel’ of Britain’s economy

The Telegraph  

Rachel Reeves says she believes the City of London is the “crown jewel” of Britain’s economy. Speaking at the annual Mansion House dinner on Thursday, Reeves said post-crisis regulation had “resulted in a system which sought to eliminate risk-taking. That has gone too far and, in places, it has had unintended consequences which we must now address.” The urgency of …

Job losses and price hikes inevitable, warn UK’s biggest firms in stark message to Rachel Reeves over Budget
4 months, 1 week ago

Job losses and price hikes inevitable, warn UK’s biggest firms in stark message to Rachel Reeves over Budget

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Price hikes and job cuts are inevitable following Labour’s Budget, business …

Reeves accused of business ‘betrayal’ as top bank warns over tax hikes
4 months, 1 week ago

Reeves accused of business ‘betrayal’ as top bank warns over tax hikes

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. In a note to clients seen by The Daily Telegraph, economists at the bank said: …

Rachel Reeves accused of covering up impact of National Insurance raid on workers
4 months, 2 weeks ago

Rachel Reeves accused of covering up impact of National Insurance raid on workers

The Telegraph  

The Chancellor has been accused of covering up the impact of her National Insurance raid on workers. While all tax policy changes are accompanied by an impact assessment known as a Tax Information and Impact Note, the Government did not publish one alongside the £25 billion National Insurance raid on employers announced in the Budget, it has emerged. Mel Stride, …

Chancellor: I was ‘wrong’ on taxes during election
4 months, 2 weeks ago

Chancellor: I was ‘wrong’ on taxes during election

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chancellor Rachel Reeves has said …

Rachel Reeves admits she was 'wrong' to say taxes would not have to rise during election campaign after massive Budget raid... as poll finds four in 10 Brits believe package WILL hit their own pockets
4 months, 2 weeks ago

Rachel Reeves admits she was 'wrong' to say taxes would not have to rise during election campaign after massive Budget raid... as poll finds four in 10 Brits believe package WILL hit their own pockets

Daily Mail  

This video is no longer available This video is no longer available Rachel Reeves today admitted she was wrong to say during the election campaign that taxes would not have to rise. Ms Reeves has faced a backlash for raising employers' national insurance contributions, capital gains tax and inheritance tax to fund a public sector spending bonanza. The IFS has …

Is the backlash against Reeves’s national insurance hike justified?
4 months, 3 weeks ago

Is the backlash against Reeves’s national insurance hike justified?

The Independent  

It should probably come as no surprise that what the chancellor, Rachel Reeves, once described as “a tax on jobs” has turned out to be. In particular, the “secondary threshold” – the level at which employers become liable to pay national insurance on each employee’s salary – will come down from £9,100 per year to £5,000 per year. The health …

Budget 2024: Rachel Reeves faces backlash from GPs, care homes and hospices over national insurance hike
4 months, 3 weeks ago

Budget 2024: Rachel Reeves faces backlash from GPs, care homes and hospices over national insurance hike

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. But while the NHS and the rest of the public …

Chancellor Rachel Reeves finally admits her National Insurance rise will hit working people
4 months, 3 weeks ago

Chancellor Rachel Reeves finally admits her National Insurance rise will hit working people

Daily Mail  

RACHEL Reeves yesterday admitted her bombshell Budget will squeeze the wages of millions of working people. But economists warned that most of her £25 billion raid on employer National Insurance would be passed on to workers through lower wages. Chancellor Rachel Reeves told MPs on Wednesday that she had protected workers by freezing direct taxes on their pay Economists warned …

US employers rethink plans for UK after Reeves’s £25bn jobs tax
4 months, 3 weeks ago

US employers rethink plans for UK after Reeves’s £25bn jobs tax

The Telegraph  

American bosses are reconsidering their UK investment plans after Rachel Reeves launched a £25bn tax raid on employers, a transatlantic trade body has warned. Duncan Edwards, the chief executive of British American Business, said the Chancellor’s move to increase National Insurance costs had made the UK “less attractive”. “For the UK leaders of American-owned companies looking to get more investment …

Rachel Reeves admits tax hikes will hit working people as IFS accuses chancellor of ‘undermining trust’
4 months, 3 weeks ago

Rachel Reeves admits tax hikes will hit working people as IFS accuses chancellor of ‘undermining trust’

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. “How the Budget red book can include the sentence ‘the …

Reeves admits NI hike could hit pay rises while markets react to borrowing spree
4 months, 3 weeks ago

Reeves admits NI hike could hit pay rises while markets react to borrowing spree

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “It will mean that businesses will have to absorb …

Watch: Starmer and Reeves speak after Labour’s £40bn tax-raising Budget
4 months, 3 weeks ago

Watch: Starmer and Reeves speak after Labour’s £40bn tax-raising Budget

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. She revealed new taxation measures that aim to raise £40bn …

UK Treasury chief admits business tax rise could lead to lower than anticipated wages
4 months, 3 weeks ago

UK Treasury chief admits business tax rise could lead to lower than anticipated wages

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Rachel Reeves gambles on £40bn tax rise in her first Budget
4 months, 3 weeks ago

Rachel Reeves gambles on £40bn tax rise in her first Budget

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Rachel Reeves gambled …

Brits will end up being paid less after Labour's Budget, admits Rachel Reeves as she refuses to rule out MORE tax hikes and economists warn growth will be crushed record burden
4 months, 3 weeks ago

Brits will end up being paid less after Labour's Budget, admits Rachel Reeves as she refuses to rule out MORE tax hikes and economists warn growth will be crushed record burden

Daily Mail  

This video is no longer available This video is no longer available Rachel Reeves admitted Brits will see lower wages as a result of her Budget mega-raid today - amid warnings she will be back for more. Rachel Reeves on a visit to a hospital in Coventry with Keir Starmer today after delivering her Budget The OBR said the Budget …

Tax calculator UK: Check out how Rachel Reeves’ Budget will affect you
4 months, 3 weeks ago

Tax calculator UK: Check out how Rachel Reeves’ Budget will affect you

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Papers react to Labour’s Budget ‘gamble’
4 months, 3 weeks ago

Papers react to Labour’s Budget ‘gamble’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Ms Reeves said Labour’s first …

DAILY MAIL COMMENT: This was a painful budget - with worse to come
4 months, 3 weeks ago

DAILY MAIL COMMENT: This was a painful budget - with worse to come

Daily Mail  

There are three kinds of lies, said Mark Twain. In her first Budget, Chancellor Rachel Reeves cynically reneged on those promises with a £40billion tax bombshell. Chancellor Rachel Reeves said the country had 'voted for change' and vowed to 'invest' as she mounts one of the biggest raids in history in the Commons Ms Reeves carried out the traditional photo …

Employers warn of crisis as Reeves increases NI contributions
4 months, 3 weeks ago

Employers warn of crisis as Reeves increases NI contributions

The Telegraph  

Corporate Britain has sounded a warning about hiring freezes and pay cuts after emerging as the biggest loser of a £40bn tax raid. Pubs, restaurants and cafes, which rely on part-time staff, could see their tax bills rise by a collective £1bn as a result of the changes, UKHospitality warned, as firms will have to start paying National Insurance Contributions …

Reeves uses first Budget to hike taxes, increase...
4 months, 3 weeks ago

Reeves uses first Budget to hike taxes, increase...

Daily Mail  

Rachel Reeves raised taxes to a historic high and sent borrowing soaring as she gambled on increased spending to boost growth and repair public services. But despite Labour’s promises to protect “working people”, a £25.7 billion increase in national insurance contributions paid by employers is likely to reduce wages and lead to job losses. Rebuilding Britain.” But Tory leader Rishi …

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