"Obviously taxation policies are a matter for the chancellor of the exchequer, and she will set out more detail in the budget later this year. I want to make sure that our budget is based on our Labour values, and that is what Rachel Reeves will deliver. It's not for me to comment on speculation. Our focus is on driving growth in the economy and delivering for working people up and down the country."
"We're focused on growing the economy. Fixing the foundations of the country, restoring public service and that decade of national renewal. I'm afraid you will have to wait until the budget later this year."
"It was reported on Tuesday that the cost of UK government borrowing had jumped to near a 27-year high, piling pressure on Reeves to reveal how she will tackle the deficit in the public finances before the autumn budget."
A government minister refused to comment on speculation that the Treasury may impose national insurance on rental income ahead of the autumn budget. The minister said taxation policy is for the chancellor and emphasized that the budget should reflect Labour values and deliver growth for working people. UK government borrowing costs have risen to near a 27-year high, increasing pressure on the chancellor to address the fiscal deficit. The high court will hear appeals over the Epping Bell hotel ruling. Keir Starmer appointed Greg Jackson to the Cabinet Office board and Ed Davey will boycott the state banquet for Donald Trump.
Read at www.theguardian.com
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