Rachel Reeves has warned of “difficult” tax choices coming up at her first Budget at the end of the month. The Chancellor told a meeting of Sir Keir Starmer’s political Cabinet that it would take more than just one Budget to fix the public finances as she signalled harsh spending, welfare and tax decisions. A Labour spokesman said: “The Chancellor …
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 …
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 …
Labor treasurers have always come into office feeling they have to do a lot more to prove their fiscal credentials than the Coalition. But it is doing this not just to boost the budget bottom line next financial year and for the three years beyond but in clear recognition that it will need impeccable budget credentials to lead a debate …