Rachel Reeves 'will rewrite fiscal rules in Budget so government can borrow another £30BILLION for projects' - despite debt pile already being at an 80-year high
3 months, 3 weeks ago

Rachel Reeves 'will rewrite fiscal rules in Budget so government can borrow another £30BILLION for projects' - despite debt pile already being at an 80-year high

Daily Mail  

Speculation is mounting that Rachel Reeves will overhaul fiscal rules in the Budget so the government can pump up borrowing. However, any such move would raise concerns after government borrowing hit 100 per cent of GDP for the first time since 1961. Speculation is mounting that Rachel Reeves will overhaul fiscal rules in the Budget so the government can pump up borrowing Your browser does not support iframes. In a letter to the Financial Times earlier this month, former cabinet secretary Lord Gus O'Donnell, former Treasury minister Lord Jim O'Neill, and UCL economics professor Mariana Mazzucato warned that the current debt rules were responsible for an 'inbuilt bias' against investment.

Budget Treasury Reeves Rachel Reeves Ms Reeves Borrowing Fiscal Rules Ons  projects  rules  pile  fiscal  reeves  yesterday  borrowing  rachel  high  sector  despite  budget  debt  rewrite  month  treasury

History of this topic

Boost for Reeves as inflation falls after No 10 refuses to rule out emergency budget: Live
Trending News
2 hours, 25 minutes 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 …

Rachel Reeves faces questions over future in Hamlet-inspired Tory attack
20 hours, 34 minutes ago

Rachel Reeves faces questions over future in Hamlet-inspired Tory attack

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 Rachel Reeves’ handling of the …

Reeves will be Chancellor for whole of this Parliament, No 10 says
Trending News
1 day, 17 hours ago

Reeves will be Chancellor for whole of this Parliament, No 10 says

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 Rachel Reeves will be Chancellor …

Rachel Reeves has boxed herself in over borrowing – only the markets can save her now
4 days, 17 hours ago

Rachel Reeves has boxed herself in over borrowing – only the markets can save her now

The Independent  

Those of us who are geeky enough to watch things like bond yields have been aware for some time that Britain’s borrowing costs have slowly been moving towards breaking point for the chancellor. We’ve had questions in the House of Commons, government bond prices have jumped from the financial conversation into the national one – and the story has moved …

Government borrowing costs keep rising as pound sinks to lowest level in over a year
6 days ago

Government borrowing costs keep rising as pound sinks to lowest level in over a year

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 The pound has tumbled to …

Reeves may need to cut spending after jump in borrowing costs, say economists
6 days, 17 hours ago

Reeves may need to cut spending after jump in borrowing costs, say economists

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. The rise in government borrowing costs poses a challenge …

Is Britain’s future burning as bright as Rachel Reeves says it is?
6 days, 17 hours ago

Is Britain’s future burning as bright as Rachel Reeves says it is?

The Independent  

Preparing for her appearance at the World Economic Forum in Davos in a couple of weeks, the chancellor declares herself confident that Britain’s economic future is “burning bright”: “I am on a mission to win round the world’s investors.” Fair enough, but even Rachel Reeves herself might concede that 2025 is going to be another tough year for the public …

Labour's borrowing costs surge 'worse than Liz Truss chaos': Rachel Reeves faces spending crisis after interest rates hit 27-year high on fears of 'Stagflation'
1 week ago

Labour's borrowing costs surge 'worse than Liz Truss chaos': Rachel Reeves faces spending crisis after interest rates hit 27-year high on fears of 'Stagflation'

Daily Mail  

Rachel Reeves has been warned that the spike in UK borrowing costs is worse than the crisis that ended Liz Truss's premiership. The interest rate on 30-year gilts - the government's long-term financing vehicle - approached 5.25 per cent yesterday, the highest level for 27 years. Rachel Reeves has been warned that the spike in UK borrowing costs is worse …

Reeves spending review ‘to be next big challenge’ as growth flatlines
2 weeks, 5 days ago

Reeves spending review ‘to be next big challenge’ as growth flatlines

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. “She’s not given herself huge wiggle room against her fiscal targets and the spending plans …

How long will the shadow of Reeves’ Budget hang over Britain’s gloomy economy?
3 weeks, 4 days ago

How long will the shadow of Reeves’ Budget hang over Britain’s gloomy economy?

The Independent  

Fun fact: the OECD still predicts that Britain’s economy will be one of the stars of the G7 during 2025 with growth of 1.7 per cent, lagging only behind the US at 2.4 per cent. Labour’s tax-raising budget, and particularly the decision to raise £24bn by hiking employer national insurance contributions looms large over UK plc. The Bank of England’s …

Is Rachel Reeves’ spending review a veiled return to austerity?
1 month ago

Is Rachel Reeves’ spending review a veiled return to austerity?

The Independent  

Today’s clash between ministers and trade unions over public sector pay – after the government recommended a 2.8 per cent rise for teachers, NHS workers and civil servants – was always going to happen. Unions viewed this summer’s generous increases as merely the start of “catching up” after restraint since 2010 which saw public sector workers fall behind those in …

UK interest rates ‘to fall more slowly’ after tax rises and spending hikes in Rachel Reeves’ Budget
1 month, 1 week ago

UK interest rates ‘to fall more slowly’ after tax rises and spending hikes in Rachel Reeves’ 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 UK interest rates will fall more slowly than expected following the …

It's official... Rachel Reeves DID deliver the biggest tax-raising Budget on record: OBR watchdog's database shows Chancellor hiked the burden by £41.5bn - MORE than Norman Lamont's notorious 1993 rai
2 months ago

It's official... Rachel Reeves DID deliver the biggest tax-raising Budget on record: OBR watchdog's database shows Chancellor hiked the burden by £41.5bn - MORE than Norman Lamont's notorious 1993 rai

Daily Mail  

Rachel Reeves has been handed an unwanted historical distinction - as official figures showed her Budget was the biggest tax-raiser on record. Rachel Reeves has been handed an unwanted historical distinction - as official figures showed her Budget was the biggest tax-raiser on record The OBR keeps a database of Budget measures based on the value they were 'scored' at …

Chancellor Rachel Reeves’ Budget clears first House of Commons hurdle
2 months, 1 week ago

Chancellor Rachel Reeves’ Budget clears first House of Commons hurdle

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 Rachel Reeves’ Budget, which she …

Spike in UK Borrowing Costs Wipes Out Reeves’ Fiscal Headroom
2 months, 1 week ago

Spike in UK Borrowing Costs Wipes Out Reeves’ Fiscal Headroom

Live Mint  

The increase in UK borrowing costs since last week’s budget has wiped out all of Chancellor of the Exchequer Rachel Reeves’ headroom against her main fiscal rule, raising the prospect of further tax rises or spending cuts unless the debt picture changes. Tom Josephs, a senior member of the UK’s fiscal watchdog, told lawmakers Tuesday that a 0.3 percentage point …

Reeves insists Labour will secure growth as she defends Budget choices
2 months, 1 week ago

Reeves insists Labour will secure growth as she defends Budget choices

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 Rachel Reeves has defended her …

Will the Budget cost you money - and did Rachel Reeves do a good job? This is Money podcast
2 months, 1 week ago

Will the Budget cost you money - and did Rachel Reeves do a good job? This is Money podcast

Daily Mail  

Rachel Reeves' maiden Budget saw the first-ever female chancellor make £40billion of sweeping tax rises in to plug funding gaps in the NHS and schools. Among the Autumn Budget losers were landlords, investors and those who have stashed wealth in their pension, as stamp duty, capital gains tax and inheritance tax all came under the spotlight. We also dig into …

Financial market worries over the UK budget appear to ease
2 months, 1 week ago

Financial market worries over the UK budget appear to ease

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 {{ …

Voters slam Labour's tax and spend Budget: Only a fifth of Brits think Rachel Reeves' blueprint will boost the economy and half oppose Chancellor squeezing firms to fill Treasury coffers
2 months, 1 week ago

Voters slam Labour's tax and spend Budget: Only a fifth of Brits think Rachel Reeves' blueprint will boost the economy and half oppose Chancellor squeezing firms to fill Treasury coffers

Daily Mail  

Only a fifth of voters believe Labour's tax and spend Budget will improve the UK economy, a new poll revealed today as Rachel Reeves continued to feel the heat. It came as the Chancellor and her Treasury team faced pressure and market jitters over a Budget that will raise £40billion through new taxes towards increased state spending of almost £70 …

Chancellor seeks to calm markets amid jitters after Budget borrowing spree
2 months, 2 weeks ago

Chancellor seeks to calm markets amid jitters after Budget 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. Read our privacy policy Chancellor Rachel Reeves is seeking …

Martin Lewis blasts Rachel Reeves for not coming on his ITV Money Show as he tears apart Autumn Budget in a brutal rant
2 months, 2 weeks ago

Martin Lewis blasts Rachel Reeves for not coming on his ITV Money Show as he tears apart Autumn Budget in a brutal rant

Daily Mail  

Martin Lewis publicly blasted the Chancellor for not appearing on his popular ITV show yesterday and said she had 'missed the chance to give her interpretation' on the Autumn Budget. Martin Lewis publicly blasted the Chancellor for not appearing on his popular ITV show yesterday and said she had 'missed the chance to give her interpretation' In a package that …

Britain faces years of ‘muted’ growth after Reeves’ Budget, warns Moody’s
2 months, 2 weeks ago

Britain faces years of ‘muted’ growth after Reeves’ Budget, warns Moody’s

The Telegraph  

Britain faces years of “muted” growth and higher borrowing costs after Rachel Reeves’ maiden Budget, Moody’s has warned. Moody’s also warned that higher spending on infrastructure would only boost growth if ministers successfully tackled issues that have dogged the UK economy for years, such as the worklessness crisis and long planning delays. “We expect growth in our baseline to remain …

Taxes 'are going to be high for 10 years'... and Rachel Reeves may have to come back for more, warns think-tank
2 months, 2 weeks ago

Taxes 'are going to be high for 10 years'... and Rachel Reeves may have to come back for more, warns think-tank

Daily Mail  

Even before the dust has settled on Chancellor Rachel Reeves's Budget, it is becoming increasingly apparent that it will be disastrous for Britain. Imposing tax increases on a scale rarely seen outside of wartime, recession or pandemic, and embarking on a colossal borrowing binge to fund public services, she has taken a huge gamble with the economy. The Chancellor Rachel …

Rachel Reeves admits tax hikes will hit working people as IFS accuses chancellor of ‘undermining trust’
2 months, 2 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 …

ALEX BRUMMER: It's no surprise the IMF has endorsed Reeves' bleak Budget - she was hobnobbing with its officials only last week and it's dominated by an anti-Brexit clique!
2 months, 2 weeks ago

ALEX BRUMMER: It's no surprise the IMF has endorsed Reeves' bleak Budget - she was hobnobbing with its officials only last week and it's dominated by an anti-Brexit clique!

Daily Mail  

Rachel Reeves was in her element at the annual meeting of the International Monetary Fund in Washington last week. Chancellor Rachel Reeves with, from left, Canadian finance minister Chrystia Freeland, US treasury secretary Janet Yellen and ECB president Christine Lagarde And out of sight of the media, Reeves engaged in some discreet economic diplomacy with US treasury secretary Janet Yellen …

Has the Reeves Budget made it through Day 2 relatively unscathed?
2 months, 2 weeks ago

Has the Reeves Budget made it through Day 2 relatively unscathed?

The Independent  

The broadcasters flew no helicopter over the Institute for Fiscal Studies’ modest premises in Bloomsbury on Thursday morning, but the verdict issued by Paul Johnson and his team is almost as important as the Budget itself, which got the full Skycopter treatment. He said her new primary fiscal rule was “sensible”, and that the spending increases look big relative to …

Budget 2024: The chart that reveals the Budget’s real winners – and who will be hit hardest
2 months, 2 weeks ago

Budget 2024: The chart that reveals the Budget’s real winners – and who will be hit hardest

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. open image in gallery According to the Office for …

Government borrowing costs rise further after Budget
2 months, 2 weeks ago

Government borrowing costs rise further after Budget

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 Government borrowing costs leapt higher …

Rachel Reeves gambles on £40bn tax rise in her first Budget
2 months, 2 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 …

Taxes will have to rise further despite Reeves’ £40bn tax grab, IFS director warns
2 months, 2 weeks ago

Taxes will have to rise further despite Reeves’ £40bn tax grab, IFS director warns

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. Mr Johnson said: “The growth forecasts are pretty awful, there …

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
2 months, 2 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
2 months, 2 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 {{ …

DAILY MAIL COMMENT: This was a painful budget - with worse to come
2 months, 2 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 …

Rachel Reeves Unveils Massive Tax Hikes in Historic Budget Speech
2 months, 2 weeks ago

Rachel Reeves Unveils Massive Tax Hikes in Historic Budget Speech

China Daily  

British Chancellor Rachel Reeves presented her first budget speech to Parliament, outlining the government's fiscal plan and steps to achieve economic stability. The speech included tax rises of 40 billion pounds, a record figure for modern times, along with spending increases in healthcare, housing, and education. Reeves also announced a review of the independent economic forecast unit, the OBR, and …

Rachel Reeves Unveils Bold Fiscal Plan: A Manifesto for Britain's Future
2 months, 2 weeks ago

Rachel Reeves Unveils Bold Fiscal Plan: A Manifesto for Britain's Future

China Daily  

Rachel Reeves, the British government's finance minister, unveiled her fiscal plan, outlining tax rises and spending increases to restore economic stability and turn the page on the Conservative Party's rule. The plan includes a 40 billion-pound tax rise, a record figure for modern times, along with spending increases in healthcare, housing, and education.

Reeves' sniffle makes the bond markets shiver, says PATRICK TOOHER
2 months, 2 weeks ago

Reeves' sniffle makes the bond markets shiver, says PATRICK TOOHER

Daily Mail  

Rachel Reeves clearly loves her new borrowing rules. Bending the rules: The Chancellor has ditched the old way of measuring the parlous state of the public finances so that she can borrow more to fund a spending spree But no amount of magic wand-waving and crystal-ball gazing can hide the fact the national debt remains on an ‘unsustainable’ course. Even …

A Halloween Budget that was as much trick as treat
2 months, 2 weeks ago

A Halloween Budget that was as much trick as treat

The Independent  

The first Labour Budget for 14 years, and the first ever from a female chancellor of the Exchequer, was impressive in its presentation. The danger, both economic and political, is that Ms Reeves will have to return to the Commons near Halloween in a few years’ time with another “horror story” and terrify hard-pressed taxpayers once again. In her Budget …

Will Rachel Reeves’s borrow-and-spend Budget actually work?
2 months, 2 weeks ago

Will Rachel Reeves’s borrow-and-spend Budget actually work?

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 }} Chancellor Rachel Reeves …

Reeves uses first Budget to hike taxes, increase...
2 months, 2 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 …

Reeves uses first Budget to hike taxes, increase borrowing and boost spending
2 months, 2 weeks ago

Reeves uses first Budget to hike taxes, increase borrowing and boost spending

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. But despite Labour’s promises to protect “working people”, a …

Martin Lewis gives his reaction to the budget: From hiking employers' National Insurance to inheritance tax on pensions, the money saving expert's verdict on Rachel Reeves' £40billion tax raid
2 months, 2 weeks ago

Martin Lewis gives his reaction to the budget: From hiking employers' National Insurance to inheritance tax on pensions, the money saving expert's verdict on Rachel Reeves' £40billion tax raid

Daily Mail  

Martin Lewis has given a definitive run down on Rachel Reeves' Budget, as he warned that 'someone will have to pay' for Labour's new policies. Feel free to share pic.twitter.com/ewDye8xn2S — Martin Lewis October 30, 2024 Mr Lewis, the founder of MoneySavingExpert.com, asked how the businesses will pay for a £615 surge per employee 'For the employers who pay it, …

DAN HODGES: This Budget was crude, old-fashioned class politics... and that's why it's bad news for the Tories
2 months, 2 weeks ago

DAN HODGES: This Budget was crude, old-fashioned class politics... and that's why it's bad news for the Tories

Daily Mail  

In the run up to her first Budget, Rachel Reeves set a trap for the Tories. Over the last few weeks, a flurry of leaks indicated she was set to break her election pledge not to raise taxes on working people, but it was all a political feint, DAN HODGES writes But she knew it was real long before, because …

Autumn budget 2024 predictions: 8 key things to watch out for in Rachel Reeves’s statement
2 months, 2 weeks ago

Autumn budget 2024 predictions: 8 key things to watch out for in Rachel Reeves’s statement

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 is set to unveil Labour’s first Budget in a …

How Labour might unlock £57 billion at the budget in ‘simple’ fiscal rule change
2 months, 2 weeks ago

How Labour might unlock £57 billion at the budget in ‘simple’ fiscal rule change

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 will …

Unions tell Reeves they expect huge public sector pay rise in new year despite £40bn Budget black hole
2 months, 2 weeks ago

Unions tell Reeves they expect huge public sector pay rise in new year despite £40bn Budget black hole

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. The Independent has been told that union bosses have made it clear they expect massive …

There’s a good reason why this is the leakiest Budget in history
2 months, 2 weeks ago

There’s a good reason why this is the leakiest Budget in history

The Independent  

Lindsay Hoyle, the speaker of the House of Commons, should realise that his diatribes against ministers for making important announcements outside parliament only make him look weak. On Monday, Sir Keir Starmer announced, in answer to questions after a speech in Birmingham about the Budget, that the cap on bus fares would rise from £2 to £3. The government’s mistake …

Reeves warns that Budget pain will just be the beginning with more difficult choices to come
2 months, 2 weeks ago

Reeves warns that Budget pain will just be the beginning with more difficult choices to come

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 with the prime minister also warning of “tough choices” …

Ailbhe Rea: The Night Before the Budget
2 months, 2 weeks ago

Ailbhe Rea: The Night Before the Budget

Bloomberg  

Rachel Reeves will deliver her budget tomorrow — the first by a Labour government in 14 years, the first in history by a female chancellor, and set to be one of the UK’s biggest ever tax-raising events. As Philip Aldrick writes today in his essential briefing on everything to look for, Reeves has given herself “the seemingly contradictory tasks of …

Hoyle rebukes Chancellor Rachel Reeves over ‘premature disclosure’ of Budget
2 months, 2 weeks ago

Hoyle rebukes Chancellor Rachel Reeves over ‘premature disclosure’ of Budget

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 Sir Lindsay Hoyle has accused …

Why Rachel Reeves is facing a ‘persnuffle kerfuffle’ over debt rules
2 months, 2 weeks ago

Why Rachel Reeves is facing a ‘persnuffle kerfuffle’ over debt rules

The Independent  

As she makes her final preparations for the Budget, Rachel Reeves has already indicated that she will present a package of tax increases and cuts to public spending plans amounting to around £40bn per annum over the next few years. Instead of focusing on the huge “public sector net debt” mountain, a new measure will take into account the assets …

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