How Rachel Reeves can ‘break Britain’s tax-and-spend doom loop’ as Budget looms
7 Articles
7 Articles
Can Labour afford to raise taxes?
With the Autumn budget looming, the government has some tough decisions to make. Rachel Reeves has to find a predicted £30bn in extra revenue to meet her self-imposed fiscal rules. But as part of its manifesto pledges, Labour promised not to raise income tax, national insurance or VAT. And after a crushing defeat in Wales last week, what can the government actually get away with without angering the public further? Anoosh Chakelian is joined by …
Blair Institute: Reeves Must Reverse Tax Hikes Before Election
The Tony Blair Institute has once again turned its fire on the government. This time, it’s cautioned the Chancellor against permanently whacking up taxes to a growth-killing high, and to reverse any hikes ahead of the next election if businesses are to have a hope of surviving. These interventions must sting given how many New…
Politics LIVE: Rachel Reeves told to slash tax hikes before next election if she breaks manifesto pledge
Chancellor Rachel Reeves has been warned that any tax hikes must soon be rescinded if she breaks a key Labour manifesto promise and further increases the tax burden on Britons.On Tuesday, Ms Reeves opened the door to potential tax rises in a speech where she pledged to make “the choices necessary to deliver strong foundations for the economy” in response to an environment that had “thrown more challenges our way”.The Tony Blair Institute for Glo…
Unpacking the pre-Autumn Budget speech – What looms on the horizon?
With less than a month to go before the Autumn Budget, business owners and individuals alike are waiting to know what the future of the country’s financial state will be. In an attempt to assuage fears, the Chancellor Rachel Reeves took to the stage to deliver a speech that might offer some indications as to what is in store on 26 November. However, the lack of meaningful content may have resulted in the speech having the opposite impact. While …
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