Reeves to ditch income tax hike in UK budget; China suffers slowdown in factory output business live
Rachel Reeves will abandon a planned income tax rise in the 26 November budget; government signals focus on public interest and may adjust tax thresholds.
Rachel Reeves could raise 45bn in taxes and keep promises, report says
Rachel Reeves could raise up to 45bn in taxes without breaching Labour manifesto pledges while confronting a potential 30bn fiscal shortfall and tough tradeoffs.