Reeves: Budget tax raid not enough to fix NHS
1 month, 3 weeks ago

Reeves: Budget tax raid not enough to fix NHS

The Telegraph  

Tax rises in the Budget will not be the last, the Chancellor has suggested after admitting that the money she will give the NHS on Wednesday will not be enough to fix it. Rachel Reeves is set to inflict a £35 billion tax raid by raising National Insurance contributions for employers and increasing capital gains tax, in part to fund new NHS technology and hospital rebuilding programmes. However, on Monday she said billions more for the NHS in the Budget would not undo what she called “14 years of damage” to the health service under the Conservatives – raising the prospect of further rises in years to come. Wes Streeting, the Health Secretary, said this year’s funding could only “arrest the decline in the NHS and start fixing the foundations”, despite an increase to the capital budget to its highest level since 2010 and pay rises for staff. Mr Streeting said he could not even give a commitment that the NHS would avoid needless deaths or a winter crisis with the increased funding.

Nhs Tax Capital Budget  health  funding  streeting  nhs  tax  reeves  raising  capital  budget  winter  fix  rises  raid

History of this topic

Rachel Reeves is accused of 'outright falsehood' after claiming she protected 'working people' by not hiking their NI in her Budget
5 days, 1 hour 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 …

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

Is Rachel Reeves’ spending review a veiled return to austerity?
1 week, 5 days 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 …

New Budget blow to Rachel Reeves as disability charity says it may be forced to scrap key services
1 week, 5 days ago

New Budget blow to Rachel Reeves as disability charity says it may be forced to scrap key services

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 A leading disability charity has warned it may be forced to …

Labour's tax bomb budget causes business confidence to crash to lowest levels since Covid as entrepreneurs accuse Rachel Reeves of undermining growth
3 weeks, 1 day ago

Labour's tax bomb budget causes business confidence to crash to lowest levels since Covid as entrepreneurs accuse Rachel Reeves of undermining growth

Daily Mail  

Labour's tax bomb budget has sent confidence crashing to its lowest levels since Covid as business leaders mourn the loss of their 'natural optimism'. Charities have also urged Chancellor Rachel Reeves to spare them from her £25billion hike in employers’ National Insurance The IoD's optimism tracker plummeted to minus 65 in November - sharply down from minus 52 in October …

'Labour are treating businesses like a cash cow to be milked': Anger against Rachel Reeves' £40 billion 'tax-bomb' Budget grows - despite Chancellor ruling out further tax rises
4 weeks ago

'Labour are treating businesses like a cash cow to be milked': Anger against Rachel Reeves' £40 billion 'tax-bomb' Budget grows - despite Chancellor ruling out further tax rises

Daily Mail  

Rachel Reeves has ruled out further tax rises. CBI chairman Rupert Soames said business had been treated as a ‘cash cow’ to be ‘milked’. Rachel Reeves ruled out any further tax rises in a speech at the CBI annual conference on Monday The Chancellor was greeted with a stony silence from business leaders, who criticised her decision to hike employers' …

DAILY MAIL COMMENT: Farmers cry of rage at Budget betrayal
1 month ago

DAILY MAIL COMMENT: Farmers cry of rage at Budget betrayal

Daily Mail  

This was the day the farmers came to town. Changes to inheritance tax in Rachel Reeves’s baleful Budget mean many farms can no longer be passed down the generations without punitive death duties, which countless families will be unable to cover. In an open letter yesterday, Britain’s biggest retailers warned the Chancellor’s short-sighted tax assault would bring higher prices and …

UK economy under Labour stalls - what that means for you and your money
1 month, 1 week ago

UK economy under Labour stalls - what that means for you and your money

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 …

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 accused of business ‘betrayal’ as top bank warns over tax hikes
1 month, 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: …

Pubs and restaurants tell Reeves they face closures and ‘drastic’ job cuts after tax raid
1 month, 2 weeks ago

Pubs and restaurants tell Reeves they face closures and ‘drastic’ job cuts after tax raid

The Telegraph  

Britain’s biggest pubs, hotels and restaurants have told Rachel Reeves they face being forced to shut sites and make “drastic” job cuts after the Chancellor launched a tax grab on employers. In a letter to Ms Reeves, more than 200 hospitality bosses warned the sharp increases in National Insurance contributions were “unsustainable” and would lead to venues shutting down and …

Asda chief lashes out at Reeves’s ‘very, very damaging’ Budget
1 month, 2 weeks ago

Asda chief lashes out at Reeves’s ‘very, very damaging’ Budget

The Telegraph  

Asda’s chairman has hit out at Rachel Reeves’s “very, very damaging” tax rises, warning it will force the supermarket to look closely at how many workers it can afford to employ. Lord Rose said it was “perfectly” clear that the Chancellor had not delivered a Budget for businesses, saying extra taxes were “disproportionately heavy” on larger companies which employ a …

Chancellor Rachel Reeves’ Budget clears first House of Commons hurdle
1 month, 2 weeks 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 …

Reeves’s tax raid warning wipes £300m off house building giant
1 month, 2 weeks ago

Reeves’s tax raid warning wipes £300m off house building giant

The Telegraph  

Housebuilder Persimmon suffered a £300m reduction in its value on Tuesday after it warned that Rachel Reeves’s Budget tax rises will lead to a “period of squeeze” for developers. The FTSE 100 group, whose shares boomed after Labour’s election victory in July, spooked investors after raising concerns over increasing costs which emerged during its negotiations with suppliers. Shares in the …

Spike in UK Borrowing Costs Wipes Out Reeves’ Fiscal Headroom
1 month, 2 weeks 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 …

How the ‘tractor tax’ became a problem for Rachel Reeves
Trending News
1 month, 2 weeks ago

How the ‘tractor tax’ became a problem for Rachel Reeves

The Independent  

Rachel Reeves is caught in the crosshairs of a piece of alliteration that threatens to unravel part of her Budget: the “tractor tax”. If you have a sizeable enough investment portfolio to pass on – or even just a modest house in London or South East England – a bequest to anyone other than your spouse or civil partner will …

James Dyson condemns Rachel Reeves’s Budget ‘tractor tax’ as ‘spiteful’
1 month, 2 weeks ago

James Dyson condemns Rachel Reeves’s Budget ‘tractor tax’ as ‘spiteful’

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 Sir James Dyson has condemned Labour’s Budget as “spiteful”, warning her …

Rachel Reeves plots pensions industry 'big bang' for investment as she scrambles to stop Budget squeezing growth... while poll finds four in 10 Brits believe high-tax package WILL hit their pockets
1 month, 2 weeks ago

Rachel Reeves plots pensions industry 'big bang' for investment as she scrambles to stop Budget squeezing growth... while poll finds four in 10 Brits believe high-tax package WILL hit their pockets

Daily Mail  

Rachel Reeves has signalled a pension industry 'big bang' to free up billions for Labour's infrastructure splurge. Rachel Reeves has signalled a pension industry 'big bang' to free up billions for Labour 's infrastructure splurge Your browser does not support iframes. 'In a couple of weeks' time I will deliver my first Mansion House speech setting out my ambitions for …

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 …

Hospices warn National Insurance tax raid will mean terminally ill take up NHS beds
1 month, 3 weeks ago

Hospices warn National Insurance tax raid will mean terminally ill take up NHS beds

The Telegraph  

Terminally ill people could take up crucial hospital bed space if hospices have to pay increased employer National Insurance contributions, directors have warned. Under plans set out by Rachel Reeves, the Chancellor, in the Budget, employer National Insurance contributions will rise by 1.2 percentage points to 15 per cent from April 2025. Charlie King, the deputy director of external affairs …

Is the backlash against Reeves’s national insurance hike justified?
1 month, 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
1 month, 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 …

Will the Budget cost you money - and did Rachel Reeves do a good job? This is Money podcast
1 month, 3 weeks 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
1 month, 3 weeks 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
1 month, 3 weeks 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
1 month, 3 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
1 month, 3 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
1 month, 3 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 …

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 …

Taxes 'are going to be high for 10 years'... and Rachel Reeves may have to come back for more, warns think-tank
1 month, 3 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’
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 …

Has the Reeves Budget made it through Day 2 relatively unscathed?
1 month, 3 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
1 month, 3 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 …

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 …

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
1 month, 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 …

Labour's £40 billion tax bomb leaves Britons £300 worse off
1 month, 3 weeks ago

Labour's £40 billion tax bomb leaves Britons £300 worse off

Daily Mail  

Britain's growth prospects took a dive last night after Rachel Reeves' £40 billion tax bomb. And in a warning to millions of 'working people', the economic watchdog predicted that the Chancellor's Budget measures would fuel inflation, push up mortgage rates and squeeze wages. In the first Labour Budget for 14 years, Ms Reeves: Launched a £25 billion raid on employers' …

Tax calculator UK: Check out how Rachel Reeves’ Budget will affect you
1 month, 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’
1 month, 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
1 month, 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 …

Budget tax raid will mean lower private sector pay rises, admits Reeves
1 month, 3 weeks ago

Budget tax raid will mean lower private sector pay rises, admits Reeves

The Telegraph  

Rachel Reeves has admitted that private sector workers will be paid less as a result of her Budget tax raid to fund a massive expansion of the state. Public sector employees – many of whom have already been granted inflation-busting pay rises by the Government – are being spared from the raid. It is likely to deepen a rift between …

NHS pay and pension rises to swallow up half of Reeves’s £22bn spending spree
1 month, 3 weeks ago

NHS pay and pension rises to swallow up half of Reeves’s £22bn spending spree

The Telegraph  

At the same time, hospital consultants received a 6 per cent pay rise, having had a bumper deal with rises of up to 20 per cent in 2023/24. Research by the Nuffield Trust think tank shows that the NHS is already planning to spend £13 billion extra in the current year – far ahead of the extra £10.4bn it has …

Rachel Reeves Unveils Massive Tax Hikes in Historic Budget Speech
1 month, 3 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
1 month, 3 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.

Watch: Office for Budget Responsibility responds to Rachel Reeves’ £40bn tax hikes
1 month, 3 weeks ago

Watch: Office for Budget Responsibility responds to Rachel Reeves’ £40bn 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 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 }} Watch as chair …

Labour's tax bomb leaves Britons £300 worse off: UK faces highest tax burden ever, businesses are battered by the Budget, wages will fall and inflation will rise
1 month, 3 weeks ago

Labour's tax bomb leaves Britons £300 worse off: UK faces highest tax burden ever, businesses are battered by the Budget, wages will fall and inflation will rise

Daily Mail  

Britain's growth prospects took a dive last night after Rachel Reeves' £40 billion tax bomb. In the first Labour Budget for 14 years, Ms Reeves: Launched a £25 billion raid on employers' National Insurance, breaking a manifesto pledge not to raise a levy she previously called a 'jobs tax'; Announced an immediate £25 billion cash injection for the NHS, despite …

A Halloween Budget that was as much trick as treat
1 month, 3 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 …

Voters are backing Reeves now – but she needs her gamble to pay off before the next election
1 month, 3 weeks ago

Voters are backing Reeves now – but she needs her gamble to pay off before the next election

The Independent  

The short-term politics of Rachel Reeves’s Budget are clear. Much of a £40bn increase in taxes is visited – in the first instance at least – on business, most notably through a 1.2 per cent increase in employers’ national insurance. A projected average growth rate of around 1.5 per cent a year certainly does not signify a fundamental change in …

Reeves uses first Budget to hike taxes, increase...
1 month, 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 …

Reeves uses first Budget to hike taxes, increase borrowing and boost spending
1 month, 3 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 …

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