Reeves signals closer UK-EU trade ties at start of economy-focused campaign week
6 months, 1 week ago

Reeves signals closer UK-EU trade ties at start of economy-focused campaign week

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. “I don’t think anyone voted Leave because they were not happy that chemicals regulations were the same across Europe.” She emphasised the benefits of a mutual recognition deal for professional qualifications, saying: “The majority of people in the City have not regarded Brexit as being a great opportunity for their business.” Her remarks appear to suggest that Labour would go further than previously thought in pushing for improved trade terms with the bloc, having so far been hesitant to discuss Brexit during the election campaign. The next Labour government will work hand-in-hand with the private sector to bring investment to Britain’s industrial heartlands and I have been clear that our national wealth fund will be a crucial tool in the armoury to deliver on this ambition Shadow chancellor Rachel Reeves Its investments would include £2.5 billion to rebuild the steel industry, £1.8 billion to upgrade ports and build supply chains, and £1.5 billion in the automotive industry. Labour says the national wealth fund is central to its green prosperity plan, delivering billions in private sector green investment to help the transition to net zero. The next Labour government will work hand-in-hand with the private sector to bring investment to Britain’s industrial heartlands and I have been clear that our national wealth fund will be a crucial tool in the armoury to deliver on this ambition.

Brexit Wealth Labour Investment National Fund Sector Reeves Britain Ms Reeves  closer  trade  economyfocused  ties  sign  ukeu  investment  brexit  fund  private  reeves  sector  start  labour  wealth  national  week  campaign  signals

History of this topic

The UK economy has shrunk again – but it’s too soon for Reeves to utter the word ‘recession’...
6 days, 3 hours ago

The UK economy has shrunk again – but it’s too soon for Reeves to utter the word ‘recession’...

The Independent  

Instead of growing by 0.2 per cent, as optimistically forecast by the City and the Bank of England, the UK economy shrunk by 0.1 per cent in October for the second month running. The picture looks marginally better over the past three months; the economy expanded by 0.1 per cent over the longer period. What ought to really worry chancellor …

Reeves faces a recession fears but industrial hollowing could offer a bigger problem
1 week, 3 days ago

Reeves faces a recession fears but industrial hollowing could offer a bigger problem

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 UK economy shrank again …

UK economy shrinks again in another blow to Reeves, new figures show
1 week, 4 days 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 …

Reeves vows to stick to Brexit red lines after talks with EU in Brussels
Trending News
2 weeks ago

Reeves vows to stick to Brexit red lines after talks with EU in Brussels

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

Reeves must move beyond honeyed words to improve relations with the EU
2 weeks ago

Reeves must move beyond honeyed words to improve relations with the EU

The Independent  

Closer relations between the UK and the European Union will boost economic growth, said chancellor Rachel Reeves, kicking off her visit with EU finance chiefs, today. But there’s a problem with the Labour government continually talking about its desire for a “reset” with Europe after the chaos, controversy, pettiness and hostility that characterised the various Conservative administrations that preceded it. …

Reeves pushes for closer trade ties with EU in Brussels talks
Trending News
2 weeks, 1 day ago

Reeves pushes for closer trade ties with EU in Brussels talks

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. “But what I …

Rachel Reeves banks on fixing Brexit to achieve pledged economic growth
Trending News
2 weeks, 1 day ago

Rachel Reeves banks on fixing Brexit to achieve pledged economic growth

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

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

Rachel Reeves targets trade deal with Donald Trump as UK economy stalls
1 month, 1 week ago

Rachel Reeves targets trade deal with Donald Trump as UK economy stalls

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 set out …

Job losses and price hikes inevitable, warn UK’s biggest firms in stark message to Rachel Reeves over Budget
1 month, 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 insists Labour will secure growth as she defends Budget choices
1 month, 3 weeks 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 …

US employers rethink plans for UK after Reeves’s £25bn jobs tax
1 month, 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’
1 month, 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 …

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

Rachel Reeves gambles on £40bn tax rise in her first Budget
1 month, 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 …

Taxes will have to rise further despite Reeves’ £40bn tax grab, IFS director warns
1 month, 3 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 …

Reeves sets out promise to ‘invest, invest, invest’ in first Budget
1 month, 3 weeks ago

Reeves sets out promise to ‘invest, invest, invest’ in first 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 Chancellor Rachel Reeves said there …

Britain's growth calamity: The Government's prioritisation of the public sector over all else is bonkers, says ALEX BRUMMER
1 month, 3 weeks ago

Britain's growth calamity: The Government's prioritisation of the public sector over all else is bonkers, says ALEX BRUMMER

Daily Mail  

There has been so much discussion about fiscal policy, new rules and taxing until the pips squeak ahead of today’s Budget that the core purpose of backing growth is lost in the undergrowth. Construction drive: Chancellor Rachel Reeves and colleagues see building more houses and better infrastructure as keys to economic expansion The US, for all its economic dynamism, has …

Reeves warns that Budget pain will just be the beginning with more difficult choices to come
1 month, 3 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” …

Reeves plans stealth taxes as Starmer prepares to splurge billions on NHS
2 months ago

Reeves plans stealth taxes as Starmer prepares to splurge billions on NHS

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 }} Sir Keir Starmer …

Rachel Reeves planning £3bn welfare cuts in Budget
2 months ago

Rachel Reeves planning £3bn welfare cuts in 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 Rachel Reeves will seek to …

The £40bn question: How will Rachel Reeves balance the books?
2 months, 1 week ago

The £40bn question: How will Rachel Reeves balance the books?

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, former Bank of England governor, has suggested increasing national …

Reeves accused of hypocrisy after admitting NI raid would hit workers’ pay
2 months, 1 week ago

Reeves accused of hypocrisy after admitting NI raid would hit workers’ pay

The Telegraph  

Rachel Reeves has been accused of hypocrisy after it emerged she previously admitted that increasing National Insurance for employers would hit workers’ pay. The Chancellor is thought to be planning to increase NI contributions for employers as part of a package of measures designed to raise £40 billion in this month’s Budget. Two years ago, Ms Reeves, when she was …

Rachel Reeves boosts big business as she caps corporation tax at 25% and woos investment in Britain
2 months, 1 week ago

Rachel Reeves boosts big business as she caps corporation tax at 25% and woos investment in Britain

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. Reeves made her big pitch to business with a fourth …

Rachel Reeves hints her Budget will hike National Insurance amid fears she could take £30BILLION from Brits
2 months, 1 week ago

Rachel Reeves hints her Budget will hike National Insurance amid fears she could take £30BILLION from Brits

Daily Mail  

Rachel Reeves dropped a major hint that firms will be hit with a major tax increase in the Budget today. Keir Starmer was warned today that raiding employers' national insurance in the Budget would be a 'straighforward breach' of Labour 's manifesto The head of the IFS, Paul Johnson, said the Labour manifesto was 'clear' on NICs Ministers have been …

The proof Reeves will be unable to squeeze the rich
2 months, 1 week ago

The proof Reeves will be unable to squeeze the rich

The Telegraph  

Rachel Reeves’s tax raids are already unravelling. The problem is that these shoulders already bear a significant load, and Treasury officials, who have become increasingly concerned that Labour’s raids will raise little money, are starting to realise that they have options. New figures show that high-earning Britons are already paying more tax on their income for every extra £1 they …

Rachel Reeves is accused of holding back the economy after Britain eked out growth of just 0.2 per cent in August
2 months, 1 week ago

Rachel Reeves is accused of holding back the economy after Britain eked out growth of just 0.2 per cent in August

Daily Mail  

Rachel Reeves was yesterday accused of holding back the economy after Britain eked out growth of just 0.2 per cent in August amid the Chancellor’s relentlessly ‘negative’ rhetoric. Rachel Reeves put a positive tone on the news on Friday, pointing to a major investment summit being held next week Official figures showed GDP expanding 0.2 per cent at the end …

Reeves to lure back foreign cash with ‘concierge service’ as tax fears mount
2 months, 2 weeks ago

Reeves to lure back foreign cash with ‘concierge service’ as tax fears mount

The Telegraph  

Rachel Reeves is preparing to launch a new concierge service for foreign investors amid fears her Budget tax raid will make Britain a less attractive destination for overseas money. The Government will unveil a one-stop shop for foreign companies to make investing in the UK easier as the Chancellor seeks to cushion the blow from higher taxes on overseas investors. …

How will Rachel Reeves’s upbeat speech chime with the global investors she wants to woo?
3 months ago

How will Rachel Reeves’s upbeat speech chime with the global investors she wants to woo?

The Independent  

There was plenty to dissect in Rachel Reeves’ keynote speech at the Labour Party conference – from the pro-Palestine protesters interrupting her mid-flow, to the jeering from the crowd when she touched on the controversial scrapping of the winter fuel allowance. But from all the surrounding chaos, one prominent theme emerged: investment – and rightly so, ahead of a much …

Chancellor ‘hit the right notes’ in vision for economy, say business leaders
3 months ago

Chancellor ‘hit the right notes’ in vision for economy, say business leaders

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 Business group leaders have said …

Reeves insists there are reasons to be optimistic as she encourages investment
3 months ago

Reeves insists there are reasons to be optimistic as she encourages investment

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. In response to questions about Labour figures accepting clothing …

As the economy stalls on Labour, what can Rachel Reeves do about it?
3 months, 1 week ago

As the economy stalls on Labour, what can Rachel Reeves do about it?

The Independent  

Not many people are inclined to feel much sympathy for Rachel Reeves at the moment – the cut to winter fuel payments could hardly have gone down worse – but she’s been dealt a dismal hand. The latest official figures show that, after growing by 0.5 per cent in the three months to July, the economy has unexpectedly flatlined for …

Reeves tax crackdown will drive away talent, says private equity chief
3 months, 2 weeks ago

Reeves tax crackdown will drive away talent, says private equity chief

The Telegraph  

Rachel Reeves’s planned tax raid on wealth risks triggering an exodus of financiers from the City, the head of the UK’s largest private equity firm has warned. Rob Lucas, the chief executive of CVC Capital, which owns stakes in Six Nations rugby and the RAC, said higher taxes could prompt executives to ditch the capital and move to cities around …

Top earners and entrepreneurs already fleeing Britain over tax raids
3 months, 3 weeks ago

Top earners and entrepreneurs already fleeing Britain over tax raids

The Telegraph  

Wealthy individuals and entrepreneurs are already fleeing Britain as fears grow over a raft of tax rises in Rachel Reeves’s first Budget. It comes after Sir Keir Starmer warned last week that those with the “broadest shoulders” would carry the burden of fixing Britain’s ailing public finances. Ceri Vokes, a partner at law firm Withers Worldwide, who works with entrepreneurs …

Wealth Taxes Are the Obvious Revenue Target for Reeves
4 months, 1 week ago

Wealth Taxes Are the Obvious Revenue Target for Reeves

Bloomberg  

It’s a question of when, not if, the UK’s Labour government unfurls the tax increases needed to plug a yawning budget deficit. Chancellor of the Exchequer Rachel Reeves has ruled out higher income or sales taxes, which contribute three-fifths of the total tax take, so it looks inevitable that accumulated wealth will have to be targeted instead. There are areas …

Rachel Reeves targets Canada-style pension model in UK
4 months, 2 weeks ago

Rachel Reeves targets Canada-style pension model in UK

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. Funds like the Ontario Teachers’ Pension Plan and the …

Chancellor Reeves to bang drum for British business
4 months, 2 weeks ago

Chancellor Reeves to bang drum for British business

China Daily  

British Chancellor of the Exchequer Rachel Reeves speaks at the House of Commons, in London, Britain on July 29. British Chancellor of the Exchequer Rachel Reeves began a three-day visit to New York and Toronto on Monday to promote the country as "a stable place to do business" in the aftermath of the change of government at the start of …

Rachel Reeves confirms taxes will rise in her first budget in October
4 months, 3 weeks ago

Rachel Reeves confirms taxes will rise in her first budget in October

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. And, setting the scene for a brutal financial statement, she …

Labour's tax trick: Rachel Reeves will unveil doomsday claim about £20bn hole in public finances TODAY as she slashes road projects and paves the way to hike the burden on Brits - but will still sign
4 months, 3 weeks ago

Labour's tax trick: Rachel Reeves will unveil doomsday claim about £20bn hole in public finances TODAY as she slashes road projects and paves the way to hike the burden on Brits - but will still sign

Daily Mail  

Rachel Reeves is unveiling doomsday claims about a £20billion hole in the public finances today as she paves the way for tax hikes. And despite the dire warnings Ms Reeves has been making clear she is giving the green light for an inflation-busting 5.5 per cent pay rise for public sector workers - estimated to cost £8billion. Ms Reeves pictured …

Rachel Reeves set to unveil £20bn black hole in public finances
4 months, 3 weeks ago

Rachel Reeves set to unveil £20bn black hole in public finances

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 is …

Watch as chancellor Rachel Reeves gives first major speech on Labour’s plan for economic growth
5 months, 2 weeks ago

Watch as chancellor Rachel Reeves gives first major speech on Labour’s plan for economic growth

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 UK’s first female chancellor will make kickstarting economic growth a “national mission” with major …

Reeves warns of ‘difficult decisions’ as she outlines plan to reverse £140bn Tory black hole
5 months, 2 weeks ago

Reeves warns of ‘difficult decisions’ as she outlines plan to reverse £140bn Tory 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 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 }} Britain’s new history …

Reeves to reiterate Labour pledge to cut down energy bills
6 months ago

Reeves to reiterate Labour pledge to cut down energy bills

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 A Labour government would help …

Labour hatches Norway-style plan to boost Britain’s coffers
6 months, 4 weeks ago

Labour hatches Norway-style plan to boost Britain’s coffers

The Telegraph  

Precise details of Labour’s policy plans are hard to come by, but one thing is clear: “The National Wealth Fund will be a crucial tool in our armoury towards bringing about growth,” according to shadow chancellor Rachel Reeves. Reeves has vowed to set up a British sovereign wealth fund if Labour wins power, using it to “create good jobs and …

ALEX BRUMMER: Reeves will have to turn to wealth taxes to plug the £30bn black hole
6 months, 4 weeks ago

ALEX BRUMMER: Reeves will have to turn to wealth taxes to plug the £30bn black hole

Daily Mail  

Rachel Reeves recognises that if she is to march into No 11 Downing Street on July 5 it would be a big mistake to hit voters with huge tax rises straight away. Big money: The Tories calculate that if Labour’s spending promises are totted up, the party will need to raise a further £38.5bn The proposal offers endless possibilities, but …

Did Rachel Reeves just bury New Labour economics… and pave the way for ‘sirkeironomics’?
9 months ago

Did Rachel Reeves just bury New Labour economics… and pave the way for ‘sirkeironomics’?

The Independent  

Waiting for Labour’s tax and spending plans is like waiting for Godot. Labour doesn’t “do” that: Keir Starmer would excommunicate anyone who dared to utter the L-word: landslide. "Two years" is a phrase whispered by Labour advisers – a reference to shadow chancellor Gordon Brown’s dramatic announcement before the 1997 election that Labour would accept the Tories’ very tight spending …

Labour’s £28 billion green U-turn shows Starmer doesn’t want UK Inc to go into the red
10 months, 2 weeks ago

Labour’s £28 billion green U-turn shows Starmer doesn’t want UK Inc to go into the red

The Independent  

On Tuesday, Keir Starmer said he was “unwavering” on Labour’s clean power mission: “That’s where the £28bn comes in … we need to borrow to invest to do that; that’s a principle I believe in and I’m absolutely happy to go out and defend.” On Thursday, his line was: “What £28bn?” Abrupt though the final stage was, this has been …

Reeves refuses to use £28bn figure while defending Labour green plan
10 months, 3 weeks ago

Reeves refuses to use £28bn figure while defending Labour green plan

The Telegraph  

Asked about how she would deal with the “long-term implications” of climate change, she replied: “I totally agree with you that tackling the climate emergency is incredibly important, but so too is securing the good jobs that come from investing in the industries of the future and also the lower bills that will come from investing in renewable home-grown energy. …

Labour will grow the economy without wrecking it like Liz Truss, Rachel Reeves
1 year, 2 months ago

Labour will grow the economy without wrecking it like Liz Truss, Rachel Reeves

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 said …

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