Labour, Rachel Reeves

Rachel Reeves under fire from Labour backbenchers over ‘impossible to sell Budget’
Rachel Reeves is under fire from Labour backbenchers who have said her Budget is “impossible to sell” to “horrified” constituents.The Chancellor had promised that her maiden Budget would boost growth and “fix the foundations” of the economy.
Rachel Reeves shamelessly admits she was wrong to promise no Labour tax hikes
Asked why she had supported the cuts at the time, Rachel Reeves told Sky News’s Sunday Morning With ... said the Government would “absolutely” keep to Labour’s election promise of not raising key taxes on “working people” through the current ...
Watch: Rachel Reeves unveils Labour’s Budget as first female chancellor
An economy that is growing, creating wealth and opportunity for all. Ms Reeves announced tax hikes that will raise an eye-watering £40bn. The chancellor said Labour had inherited a £22bn funding “black hole” from the Tories and would never again “allow a government to play fast and loose with public finances.
UK Chancellor Rachel Reeves raises taxes by most since 1993 in first Labour budget
Britain's new finance minister Rachel Reeves announced the biggest tax increases in three decades in her first budget on Wednesday, saying she had to repair the country's broken public services with heavy spending.
Five takeaways from Rachel Reeves' Budget
Reeves announced a £22.6 billion increase in the day-to-day health budget, and a £31 billion increase in the capital budget, which she said is the largest increase in spending – outside the pandemic – since 2010. By submitting your information you agree to the Terms & Conditions and Privacy Policy and are aged 16 or over.
Rachel Reeves loosens UK welfare spending target
UK welfare spending will be allowed to rise significantly this parliament after chancellor Rachel Reeves loosened a target on overall outlays, reducing pressure on the Labour government to make sharp cuts to benefits.
Rachel Reeves admits she was 'wrong' to say taxes did not have to rise
Chancellor Rachel Reeves has faced an angry backlash over her commitment in June that the only increases needed were in the Labour manifesto.
Reeves to Join EU Finance Meeting Next Month in Labour Reset
Chancellor of the Exchequer Rachel Reeves will join a meeting of Eurozone finance ministers next month, as part of the new ...
'Rachel Reeves' Budget shows Labour won't cower away from difficult decisions'
In difficult times we don't cower away, our grit and determination brings us together to find a way through. This week ...
UK's ultra-rich feel the pinch from Labour's tax-raising budget
Britain’s wealthy are feeling the pinch following a slew of targeted tax hikes in the Labour government’s budget, with many ...
Reeves Insists Labour Will Secure Growth as She Defends Budget Choices
Rachel Reeves has defended her decision to raise taxes at this week's Budget, insisting her plan provided the stability ...
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Labour MP Cat Smith says Rachel Reeves' alcohol duty cut is wrong and that price of pint should increase
Labour MP Cat Smith has told the House of Commons that there should be an increase in the price of a pint - rather than the ...
Reeves faces grilling by MPs over Budget measures
Rachel Reeves will be grilled by MPs on Wednesday over a series of tax hikes and increased spending unveiled in the autumn Budget. A change to the UK’s debt rule that was announced to unlock billions ...
James Dyson condemns Rachel Reeves’s Budget ‘tractor tax’ as ‘spiteful’
The businessman said the decision to tighten inheritance tax relief on business property is an ‘ignorant swipe at aspiration’ ...