Rachel Reeves refuses to rule out emergency spending cuts amid economic crisis fears
17 hours, 3 minutes ago

Rachel Reeves refuses to rule out emergency spending cuts amid economic crisis fears

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. Addressing the Commons on Tuesday, Ms Reeves also faced questions over her decision to travel to China over the weekend, with Mr Stride asking: “When the government was losing control of the economy, where was the chancellor?” “The pound has hit a 14-month low, government borrowing costs are at a 27-year high, growth has been killed stone dead, inflation is rising impacting millions, interest rates are staying higher for longer, and business confidence has fallen through the floor. This is a crisis made in Downing Street.” But defending her position, Ms Reeves said: “Leadership is not about ducking these challenges, it is about rising to them. Defending her decision to visit Beijing, Ms Reeves said “not engaging with China is simply not an option”, adding that “security and economic growth go hand in hand”. Hitting back, Ms Reeves said: “I’m not sure how the honourable lady thinks we’re going to raise difficult issues unless we engage with the second-biggest economy in the world.

History of this topic

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1 hour, 31 minutes ago
Boost for Reeves as inflation falls after No 10 refuses to rule out emergency budget: Live
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5 hours, 20 minutes ago
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18 hours, 13 minutes ago
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23 hours, 29 minutes ago
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1 day, 19 hours ago
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1 day, 23 hours ago
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2 days, 1 hour ago
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3 days, 18 hours ago
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3 days, 19 hours ago
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4 days, 2 hours ago
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4 days, 13 hours ago
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4 days, 19 hours ago
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5 days, 7 hours ago
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5 days, 16 hours ago
Rachel Reeves must now tell us when things are going to get better
5 days, 16 hours ago
Government says ‘no need for emergency intervention’ in financial markets
5 days, 19 hours ago
Reeves may need to cut spending after jump in borrowing costs, say economists
6 days, 20 hours ago
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6 days, 20 hours ago
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1 week ago
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1 week ago
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2 weeks, 3 days ago
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3 weeks, 1 day ago
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3 weeks, 4 days ago
Reeves faces a recession fears but industrial hollowing could offer a bigger problem
1 month ago
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1 month ago
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1 month ago
Labour tax U-turn? Rachel Reeves refuses to rule out more rises despite CBI pledge
1 month, 1 week ago
Reeves insists public services will have to ‘live within their means’
1 month, 1 week ago
Reeves has gone from cosying up to business to confrontational – and it will be disastrous
1 month, 2 weeks ago
How Reeves can save the ‘crown jewel’ of Britain’s economy
1 month, 4 weeks ago
We need more than your ‘Crisis? What crisis?’ response to dire growth figures, Chancellor
1 month, 4 weeks ago
Job losses and price hikes inevitable, warn UK’s biggest firms in stark message to Rachel Reeves over Budget
2 months ago
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2 months, 1 week ago
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2 months, 1 week ago
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2 months, 1 week ago
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2 months, 1 week ago
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2 months, 1 week ago
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2 months, 2 weeks ago
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2 months, 2 weeks ago
Britain faces years of ‘muted’ growth after Reeves’ Budget, warns Moody’s
2 months, 2 weeks ago
Rachel Reeves admits tax hikes will hit working people as IFS accuses chancellor of ‘undermining trust’
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!
2 months, 2 weeks ago
Rachel Reeves gambles on £40bn tax rise in her first Budget
2 months, 2 weeks ago
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2 months, 2 weeks ago
DAILY MAIL COMMENT: This was a painful budget - with worse to come
2 months, 2 weeks ago
‘Slap in the face’ for working people as IMF praises Reeves’s Budget
2 months, 2 weeks ago
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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
2 months, 2 weeks ago
Reeves sets out promise to ‘invest, invest, invest’ in first Budget
2 months, 2 weeks ago

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