#autumn-budget

#autumn-budget

Reeves is thought to be focusing on fiscal responsibility while aiming to stimulate economic growth. Her initial statements suggest an inclination towards maintaining existing tax policies without introducing major increases: this approach aligns with the desires of many SMEs, who are seeking stability in a tumultuous economic landscape. However, there are concerns that this might not go far enough in addressing the immediate needs of small businesses, especially in terms of financial relief and support.

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.

"When you cut out the blather, isn't the reality that this Labour Government has condemned us to higher taxes, more debt, fewer jobs, more pain for businesses right up and down our country?"