Hundreds of business owners threaten to leave UK in event of Reeves tax raid
2 months ago

Hundreds of business owners threaten to leave UK in event of Reeves tax raid

The Telegraph  

Hundreds of business owners have threatened to leave Britain if Rachel Reeves presses ahead with an expected tax raid in her Budget later this month. Nearly half of 500 surveyed business owners said they would consider moving their companies overseas if the Chancellor makes big tax rises, according to wealth managers Evelyn Partners. Toby Tallon, tax partner at Evelyn Partners, said the company is grappling with an influx of queries from worried business owners since Sir Keir Starmer warned in August that the Budget was “going to be painful”. Mr Tallon said: “They are anxious about what any potential tax changes could mean for them personally and their businesses, with some mulling the option of becoming non-resident.” Ms Reeves is poised to launch the biggest Budget tax raid in history on Oct 30, with expected tax rises worth a cumulative £35bn.

Tax Budget Reeves Business Owners  reeves  threaten  evelyn  budget  owners  tallon  leave  raid  tax  uk  event  business  expected  rises  hundreds

History of this topic

'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
3 weeks, 6 days 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' …

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

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

Daily Mail  

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

CBI chief hits out at Reeves after firms face ‘heavy burden’ from tax rises
4 weeks ago

CBI chief hits out at Reeves after firms face ‘heavy burden’ from tax rises

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 caught firms …

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, 1 week 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 …

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 …

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 …

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 …

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' …

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 …

Rachel Reeves' plan to hike capital gains tax 'will bite into the profits of investors'
1 month, 3 weeks ago

Rachel Reeves' plan to hike capital gains tax 'will bite into the profits of investors'

Daily Mail  

Investors will lose more of their profits from the sale of shares after Chancellor Rachel Reeves announced an immediate hike to capital gains tax rates. For sales of shares, basic rate taxpayers typically pay 10 per cent on their gains, while higher and additional rate taxpayers must cough up 20 per cent. But this will now be raised in line …

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 …

Rachel Reeves drops £40BILLION 'tax bomb' in Budget: Chancellor hammers firms with £25bn NICs hike as she targets inheritances and landlords in one of biggest EVER raids - but blames the Tories
1 month, 3 weeks ago

Rachel Reeves drops £40BILLION 'tax bomb' in Budget: Chancellor hammers firms with £25bn NICs hike as she targets inheritances and landlords in one of biggest EVER raids - but blames the Tories

Daily Mail  

Rachel Reeves delivered a massive £40billion 'tax bomb' Budget that could define the Labour government today. From then on it will have to be balanced in the third year of the forecast; Employers' national insurance contributions will rise by 1.2 percentage points to 15 per cent in April 2025, and the threshold for paying them will fall from £9,100 per …

Millions of working people will suffer from Reeves’s first Budget, warns OBR
1 month, 3 weeks ago

Millions of working people will suffer from Reeves’s first Budget, warns OBR

The Telegraph  

Millions of working people will suffer from Rachel Reeves’ Budget tax raid, the Government’s fiscal watchdog has warned. Workers will pay for 80pc of the Chancellor’s increase in employer National Insurance in the long term through lost wage increases and lower income, according to the Office for Budget Responsibility. Homeowners also face hundreds of pounds more in mortgage bills, with …

What are the chances of Rachel Reeves hitting YOUR wallet at the Budget? National insurance, capital gains and inheritance all in the crosshairs as 'tax bomb' looms
1 month, 3 weeks ago

What are the chances of Rachel Reeves hitting YOUR wallet at the Budget? National insurance, capital gains and inheritance all in the crosshairs as 'tax bomb' looms

Daily Mail  

Brits are bracing for grim news on Wednesday as Rachel Reeves mounts one of the biggest tax raids in history. Employer national insurance - 9/10 Rachel Reeves looks almost certain to increase employer NICs, despite claims it is a 'straightforward breach' of the Labour manifesto. Sir Keir and Ms Reeves are facing a pivotal moment in the Labour government at …

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 …

Reeves plots ‘Amazon tax’ to prop up struggling high street
2 months ago

Reeves plots ‘Amazon tax’ to prop up struggling high street

The Telegraph  

Rachel Reeves is exploring plans to impose higher taxes on Amazon as the Government races to support Britain’s ailing high streets. As part of a review of how business rates are set, Ms Reeves could scrutinise how much Amazon’s warehouses pay in tax compared to high street stores. Reports of a possible tax raid on Amazon emerged on Tuesday, with …

Reeves tax raid risks £84bn black hole in public finances, say Truss-backed economists
2 months ago

Reeves tax raid risks £84bn black hole in public finances, say Truss-backed economists

The Telegraph  

Rachel Reeves has been warned that an aggressive Budget tax raid risks opening up a £84bn “black hole” in the public finances by crippling economic growth. Analysis by the Growth Commission, an economic advisory group set up by Liz Truss, the former prime minister, suggests mooted tax rises in their most extreme form could knock 8.8pc off GDP growth per …

Rachel Reeves eyes inheritance tax raid on aristocrats and landowners
2 months ago

Rachel Reeves eyes inheritance tax raid on aristocrats and landowners

The Telegraph  

The Chancellor is set to hit aristocrats and other wealthy property owners with a £1 billion inheritance tax raid in her Budget. She could also tackle agricultural property relief, which is designed to help farmers pass land on but has increasingly been used by the wealthy to avoid inheritance tax. Business relief currently allows the rich to halve inheritance tax …

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 …

Businesses, motorists and pension savers brace for Budget bombshell amid fears Rachel Reeves is plotting biggest EVER tax-raising package
2 months ago

Businesses, motorists and pension savers brace for Budget bombshell amid fears Rachel Reeves is plotting biggest EVER tax-raising package

Daily Mail  

Businesses, motorists and pension savers are braced for pain today amid fears Rachel Reeves could deliver one of the biggest ever tax-raising Budgets in a fortnight. Chancellor Rachel Reeves is preparing to unveil an eye-watering £40billion of tax hikes and spending cuts on October 30 Ms Reeves told the meeting that plans to fill what she has branded a '£22billion …

Millionaires urge Reeves to raise £14bn from capital gains tax changes at Budget
2 months ago

Millionaires urge Reeves to raise £14bn from capital gains tax changes at Budget

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines 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 should …

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 …

Reeves warns of ‘difficult decisions’ on tax ahead of Budget
2 months, 1 week ago

Reeves warns of ‘difficult decisions’ on tax ahead 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. Indicating that employer NICs were in her sights, she …

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 …

Gambling firms see shares hit on Budget tax raid fears
2 months, 1 week ago

Gambling firms see shares hit on Budget tax raid fears

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. It is understood Ms Reeves could announce the tax …

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 urged to raise capital gains tax to 39pc by Labour think tank
2 months, 1 week ago

Rachel Reeves urged to raise capital gains tax to 39pc by Labour think tank

The Telegraph  

Rachel Reeves should raise capital gains tax to as much as 39pc at her maiden Budget later this month, a Left-leaning think tank has said. A wholesale reform of CGT, including cracking down on reliefs to stop investors avoiding higher tax rates, could raise in the region of £9.5bn per year, according to economists at the think tank. This would …

Surge in business owners looking to sell for fear of Labour tax raid
2 months, 1 week ago

Surge in business owners looking to sell for fear of Labour tax raid

The Telegraph  

Evelyn Partners said that 23pc of business owners had brought forward their exit plans in the year before the election. Laura Hayward, a tax partner at Evelyn Partners, said: “We have been contacted by an increasing number of business owners worried about what the Chancellor will do to capital gains taxes and inheritance tax.” She added: “The Prime Minister’s statement …

Row over claims Rachel Reeves could hike capital gains tax as high as 39%
2 months, 1 week ago

Row over claims Rachel Reeves could hike capital gains tax as high as 39%

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 …

Rachel Reeves' '£25bn tax bomb': IFS warns Chancellor needs massive raid in Budget to balance books after public sector pay splurge - with NICs, pension pots and inheritance under threat
2 months, 1 week ago

Rachel Reeves' '£25bn tax bomb': IFS warns Chancellor needs massive raid in Budget to balance books after public sector pay splurge - with NICs, pension pots and inheritance under threat

Daily Mail  

Rachel Reeves needs a £25billion tax bomb to meet pledges and balance the books after her public sector pay splurge, a grim report warned today. Rachel Reeves needs a £25billion tax bomb to meet pledges and balance the books after her public sector pay splurge, a grim report warned today The grim assessment comes from the respected IFS think-tank as …

Reeves to lure back foreign cash with ‘concierge service’ as tax fears mount
2 months, 1 week 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. …

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 ‘choosing to leave UK’ over feared capital gains tax raid
3 months, 2 weeks ago

Top earners and entrepreneurs ‘choosing to leave UK’ over feared capital gains tax raid

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery Prime Minister Sir Keir Starmer argued ‘those with the broadest …

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 …

Reeves declines to rule out inheritance tax hike amid ‘painful’ Budget warning
3 months, 3 weeks ago

Reeves declines to rule out inheritance tax hike amid ‘painful’ Budget warning

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chancellor Rachel Reeves has declined to rule out an inheritance …

Capital gains raid by Reeves risks costing taxpayer £2bn
4 months ago

Capital gains raid by Reeves risks costing taxpayer £2bn

The Telegraph  

A capital gains tax raid by Rachel Reeves would risk backfiring and costing the Treasury £2bn, according to officials’ own analysis. Official estimates published by HM Revenue and Customs show that a 10 percentage point increase in the higher rate of capital gains tax would lose the Exchequer £2bn of revenue in 2027-28, as investors radically change their behaviour to …

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 …

Buyout barons plot their escape from Britain amid fear of tax crackdown
5 months, 2 weeks ago

Buyout barons plot their escape from Britain amid fear of tax crackdown

The Telegraph  

Private equity executives are stepping up plans to leave Britain over concerns Labour’s proposed tax crackdown will hammer lucrative payouts. Chancellor Rachel Reeves wants to close a tax loophole that allows private equity managers to pay capital gains tax of 28c on profits, rather than an income tax of 45pc. Mike Hinchliffe, head of private equity at Addleshaw Goddard, said …

Rachel Reeves is accused of plotting a £20BILLION tax raid on pensions after denying Labour would increase VAT
6 months, 3 weeks ago

Rachel Reeves is accused of plotting a £20BILLION tax raid on pensions after denying Labour would increase VAT

Daily Mail  

Rachel Reeves was last night accused of plotting a £20billion tax raid on pensions after ruling out a VAT increase. Work and Pensions Secretary Mel Stride seized on a 2018 pamphlet written by the shadow chancellor in which she suggested tax relief on pension contributions paid by high earners 'could be restricted'. Rachel Reeves was last night accused of plotting …

ALEX BRUMMER: Reeves will have to turn to wealth taxes to plug the £30bn black hole
6 months, 3 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 …

Rachel Reeves proposed council tax shake-up that could cost millions £1,200 a year
9 months, 1 week ago

Rachel Reeves proposed council tax shake-up that could cost millions £1,200 a year

The Telegraph  

Rachel Reeves advocated an overhaul of council tax bands, a move that could cost more than four million households an average of £1,200 a year, The Sunday Telegraph can disclose. But a council tax revaluation, which has also been previously advocated by Jim McMahon, now Sir Keir Starmer’s shadow local government minister, would be likely to result in tax increases …

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. …

Rachel Reeves hints at tax raid on the wealthy to 'rebuild Britain' in Labour conference speech as she is endorsed by Brexit critic former Bank of England governor Mark Carney (but doesn't mention inf
1 year, 2 months ago

Rachel Reeves hints at tax raid on the wealthy to 'rebuild Britain' in Labour conference speech as she is endorsed by Brexit critic former Bank of England governor Mark Carney (but doesn't mention inf

Daily Mail  

Rachel Reeves hinted at a tax raid on the wealthy to 'rebuild Britain' today as she was endorsed by former Bank of England governor Mark Carney. Rachel Reeves hinted at a tax raid on the wealthy to 'rebuild Britain' today as she was endorsed by former Bank of England governor Mark Carney The shadow chancellor hit out at the Tories …

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