#rachel-reeves

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#economy

The 40bn question: How will Rachel Reeves balance the books?

Labour's Rachel Reeves may need to break a key manifesto pledge to address a £40 billion deficit.

Tell us what you'd like to see announced in Labour's first budget

Labour's upcoming Budget aims to prioritize living standards, healthcare, and housing without increasing taxes on working individuals.

Reeves urged to reverse Brexit damage in crunch Brussels talks

Emphasizing the importance of a businesslike UK-EU relationship, Chancellor Rachel Reeves aims to reverse Brexit's economic damage and improve diplomatic ties.

Rachel Reeves gambles on 40bn tax rise in her first Budget

Rachel Reeves proposed a historic tax increase to enhance public services and address economic challenges during her first Labour Budget.

Reeves says economic turnaround will take time and Farage hasn't got a clue'

Rachel Reeves committed to transparency with working people regarding her economic plans, emphasizing the need for stability amidst challenging conditions.

Rachel Reeves claims her Budget is for strivers amid questions over working people'

Rachel Reeves' Budget aims to support working families while facing contradictions regarding tax increases and previous Labour commitments.

The 40bn question: How will Rachel Reeves balance the books?

Labour's Rachel Reeves may need to break a key manifesto pledge to address a £40 billion deficit.

Tell us what you'd like to see announced in Labour's first budget

Labour's upcoming Budget aims to prioritize living standards, healthcare, and housing without increasing taxes on working individuals.

Reeves urged to reverse Brexit damage in crunch Brussels talks

Emphasizing the importance of a businesslike UK-EU relationship, Chancellor Rachel Reeves aims to reverse Brexit's economic damage and improve diplomatic ties.

Rachel Reeves gambles on 40bn tax rise in her first Budget

Rachel Reeves proposed a historic tax increase to enhance public services and address economic challenges during her first Labour Budget.

Reeves says economic turnaround will take time and Farage hasn't got a clue'

Rachel Reeves committed to transparency with working people regarding her economic plans, emphasizing the need for stability amidst challenging conditions.

Rachel Reeves claims her Budget is for strivers amid questions over working people'

Rachel Reeves' Budget aims to support working families while facing contradictions regarding tax increases and previous Labour commitments.
moreeconomy

Labour's review of UK-China relations on hold until after chancellor visits Beijing

Chancellor's trip to Beijing delays key review of UK-China relations amidst espionage concerns and pressure for national security assessment.
#national-insurance

Reeves' big Budget will set agenda for years to come

Chancellor Rachel Reeves pledges a significant budget focused on investment and growth in Britain amidst contrasting political narratives.

Reeves set to increase employers' national insurance contributions

Labour's upcoming budget will impose the largest tax increase in 15 years, primarily affecting the private sector to support the NHS.

Voters broadly accept Reeves's 40bn of tax rises, research shows

Voters accept necessary tax increases for better public services despite anticipating personal financial strain.

Rachel Reeves aims to find 40bn in tax rises and spending cuts in budget

Labour's budget plans aim to raise £40 billion to address public finance concerns without returning to austerity.

Ex-Bank of England chief urges Rachel Reeves to raise national insurance in Budget

Mervyn King urges Rachel Reeves to address £25bn deficit by raising national insurance and prioritizing honesty in her Budget.

Reeves 'not immune' to criticism over NI hike

Reeves insists on raising National Insurance for employers to stabilize public finances despite substantial business criticism.

Reeves' big Budget will set agenda for years to come

Chancellor Rachel Reeves pledges a significant budget focused on investment and growth in Britain amidst contrasting political narratives.

Reeves set to increase employers' national insurance contributions

Labour's upcoming budget will impose the largest tax increase in 15 years, primarily affecting the private sector to support the NHS.

Voters broadly accept Reeves's 40bn of tax rises, research shows

Voters accept necessary tax increases for better public services despite anticipating personal financial strain.

Rachel Reeves aims to find 40bn in tax rises and spending cuts in budget

Labour's budget plans aim to raise £40 billion to address public finance concerns without returning to austerity.

Ex-Bank of England chief urges Rachel Reeves to raise national insurance in Budget

Mervyn King urges Rachel Reeves to address £25bn deficit by raising national insurance and prioritizing honesty in her Budget.

Reeves 'not immune' to criticism over NI hike

Reeves insists on raising National Insurance for employers to stabilize public finances despite substantial business criticism.
morenational-insurance
#labour-party

Breaking Down the Budget 2024

The Budget outlines increased employer national insurance contributions while avoiding direct employee tax hikes, focusing on stimulating economic growth.

Rachel Reeves borrows George Osborne's mantra in strivers' Budget

The upcoming Budget by Chancellor Rachel Reeves could radically reshape taxation policies and financial planning for working individuals amidst economic pressures.

Row over claims Rachel Reeves could hike capital gains tax as high as 39%

Rachel Reeves faces pressure to raise £25 billion in taxes while maintaining economic growth and manifesto pledges, posing risks for Labour amidst dwindling support.

UK Budget: Labour Party to Raise Capital Gains and Inheritance Taxes

The Labour government announces significant tax increases and investment under Chancellor Rachel Reeves to combat economic stagnation.

Watch live: OBR responds to Rachel Reeves' 40bn tax hikes

The UK government is set to implement significant tax hikes to address a £22 billion funding shortfall inherited from the previous administration.

After Reeves's historic budget, Labour has time to pursue its revolution. What it needs now is public trust | Martin Kettle

Reeves's budget signifies a return to social democratic values, prioritizing public service funding over austerity.

Breaking Down the Budget 2024

The Budget outlines increased employer national insurance contributions while avoiding direct employee tax hikes, focusing on stimulating economic growth.

Rachel Reeves borrows George Osborne's mantra in strivers' Budget

The upcoming Budget by Chancellor Rachel Reeves could radically reshape taxation policies and financial planning for working individuals amidst economic pressures.

Row over claims Rachel Reeves could hike capital gains tax as high as 39%

Rachel Reeves faces pressure to raise £25 billion in taxes while maintaining economic growth and manifesto pledges, posing risks for Labour amidst dwindling support.

UK Budget: Labour Party to Raise Capital Gains and Inheritance Taxes

The Labour government announces significant tax increases and investment under Chancellor Rachel Reeves to combat economic stagnation.

Watch live: OBR responds to Rachel Reeves' 40bn tax hikes

The UK government is set to implement significant tax hikes to address a £22 billion funding shortfall inherited from the previous administration.

After Reeves's historic budget, Labour has time to pursue its revolution. What it needs now is public trust | Martin Kettle

Reeves's budget signifies a return to social democratic values, prioritizing public service funding over austerity.
morelabour-party

Reeves vows to stick to Brexit red lines after talks with EU in Brussels

The Independent emphasizes the importance of accessible journalism by avoiding paywalls, allowing diverse perspectives during critical societal issues.
#uk-economy

Interest rates forecast to be higher for longer due to Budget

Interest rates in the UK will fall gradually due to the November Budget, which supports short-term economic growth but impacts borrowing costs.

UK inflation falls below 2% for first time in three and a half years

UK inflation has dropped to 1.7%, below the Bank of England's target, prompting discussions about potential interest rate cuts.

Rachel Reeves to defend Budget to CBI after stark warning over tax rises - live

Chancellor Rachel Reeves defends business tax rises as necessary to fund public spending amidst criticism from business leaders about hiring challenges.

Tax calculator: Check out how Labour's Budget will affect you

Rachel Reeves announces a £40 billion tax increase in her Budget while pledging to invest heavily in public services such as the NHS.

Rachel Reeves hands low-paid a 1,400 boost as minimum wage to rise by 6.7%

The government will increase the national minimum wage by 6.7%, benefiting millions of workers with significant pay raises.

Brits are already paying 10 per cent more on inheritance tax before Reeves' budget

Inheritance tax in the UK is rising, impacting more middle-class homeowners due to frozen thresholds and increasing property values.

Interest rates forecast to be higher for longer due to Budget

Interest rates in the UK will fall gradually due to the November Budget, which supports short-term economic growth but impacts borrowing costs.

UK inflation falls below 2% for first time in three and a half years

UK inflation has dropped to 1.7%, below the Bank of England's target, prompting discussions about potential interest rate cuts.

Rachel Reeves to defend Budget to CBI after stark warning over tax rises - live

Chancellor Rachel Reeves defends business tax rises as necessary to fund public spending amidst criticism from business leaders about hiring challenges.

Tax calculator: Check out how Labour's Budget will affect you

Rachel Reeves announces a £40 billion tax increase in her Budget while pledging to invest heavily in public services such as the NHS.

Rachel Reeves hands low-paid a 1,400 boost as minimum wage to rise by 6.7%

The government will increase the national minimum wage by 6.7%, benefiting millions of workers with significant pay raises.

Brits are already paying 10 per cent more on inheritance tax before Reeves' budget

Inheritance tax in the UK is rising, impacting more middle-class homeowners due to frozen thresholds and increasing property values.
moreuk-economy
#uk-government

Will bond vigilantes punish Rachel Reeves with a Truss-style market meltdown?

Government borrowing costs have increased ahead of the Labour budget, prompting investor concerns about potential excessive borrowing.

Reeves refuses to rule out new tax rises and rail nationalisation plan unveiled: Live

Chancellor Rachel Reeves believes in responsible spending but has not ruled out possible future tax increases while asserting current plans don't need adjustments.

UK's borrowing costs rise as Reeves's budget prompts fears of slower interest rate cuts

UK government borrowing costs have surged due to Rachel Reeves's budget, prompting market skepticism about future interest rate cuts by the Bank of England.

Reeves's radical change to fiscal rules could go further New Zealand shows how

UK government debt rules are being changed to increase investment in infrastructure projects.

Reeves will not announce new freeports despite earlier claims

Chancellor Rachel Reeves will not announce new freeports, focusing on existing ones amidst confusion over communications.

Will bond vigilantes punish Rachel Reeves with a Truss-style market meltdown?

Government borrowing costs have increased ahead of the Labour budget, prompting investor concerns about potential excessive borrowing.

Reeves refuses to rule out new tax rises and rail nationalisation plan unveiled: Live

Chancellor Rachel Reeves believes in responsible spending but has not ruled out possible future tax increases while asserting current plans don't need adjustments.

UK's borrowing costs rise as Reeves's budget prompts fears of slower interest rate cuts

UK government borrowing costs have surged due to Rachel Reeves's budget, prompting market skepticism about future interest rate cuts by the Bank of England.

Reeves's radical change to fiscal rules could go further New Zealand shows how

UK government debt rules are being changed to increase investment in infrastructure projects.

Reeves will not announce new freeports despite earlier claims

Chancellor Rachel Reeves will not announce new freeports, focusing on existing ones amidst confusion over communications.
moreuk-government
#inheritance-tax

Budget highlights from pensions and fuel duty to inheritance and price of a pint

Chancellor Ms Reeves' first Labour Budget focuses on significant investment and adjustments to pension and inheritance tax policies.

Government confusion over how many farms will be hit by controversial tractor tax

Conflicting figures on inheritance tax impact reveal potential crisis for Britain's family farms.

Tractor Tax Could Affect Five Times More Farmers Than Government Claims, Expert Warns

Proposed inheritance tax changes may affect 2,500 farmers annually, five times the Treasury's estimate, due to misunderstanding of farm structures.

Farmer warns Labour has misunderstood' how the Budget change will impact farmers and 'food security' - London Business News | Londonlovesbusiness.com

Labour's inheritance tax changes are perceived as detrimental to British farming, risking food security and farmers' livelihoods.

Rachel Reeves has 'shafted' and 'f****d all farmers' with the brutal inheritance tax change, says Clarkson and Allsopp - London Business News | Londonlovesbusiness.com

Chancellor Rachel Reeves' inheritance tax changes threaten the survival of family farms in the UK, prompting strong criticism from public figures.

Budget highlights from pensions and fuel duty to inheritance and price of a pint

Chancellor Ms Reeves' first Labour Budget focuses on significant investment and adjustments to pension and inheritance tax policies.

Government confusion over how many farms will be hit by controversial tractor tax

Conflicting figures on inheritance tax impact reveal potential crisis for Britain's family farms.

Tractor Tax Could Affect Five Times More Farmers Than Government Claims, Expert Warns

Proposed inheritance tax changes may affect 2,500 farmers annually, five times the Treasury's estimate, due to misunderstanding of farm structures.

Farmer warns Labour has misunderstood' how the Budget change will impact farmers and 'food security' - London Business News | Londonlovesbusiness.com

Labour's inheritance tax changes are perceived as detrimental to British farming, risking food security and farmers' livelihoods.

Rachel Reeves has 'shafted' and 'f****d all farmers' with the brutal inheritance tax change, says Clarkson and Allsopp - London Business News | Londonlovesbusiness.com

Chancellor Rachel Reeves' inheritance tax changes threaten the survival of family farms in the UK, prompting strong criticism from public figures.
moreinheritance-tax
#government-spending

Budget plan to spend billions more won't stop tax rises

Chancellor Rachel Reeves plans to revise debt measurement rules to enable increased investment spending in the upcoming Budget.

Rachel Reeves may wait until June to announce Whitehall budget details

Budget announcement for Whitehall departments delayed until June, indicating complex negotiations ahead.
Significant budget rises for health contrasted with cuts in other departments, showing contentious planning.

Budget plan to spend billions more won't stop tax rises

Chancellor Rachel Reeves plans to revise debt measurement rules to enable increased investment spending in the upcoming Budget.

Rachel Reeves may wait until June to announce Whitehall budget details

Budget announcement for Whitehall departments delayed until June, indicating complex negotiations ahead.
Significant budget rises for health contrasted with cuts in other departments, showing contentious planning.
moregovernment-spending
#politics

Ignore the online CV truthers. If anything, Rachel Reeves is overqualified to be UK chancellor | Gaby Hinsliff

Rachel Reeves is establishing her authority amidst unique challenges reflective of gender biases faced by women in leadership roles.

Never mind what Rachel Reeves did long ago at the Bank of England: what claims do you make on your CV? | Emma Brockes

Politicians often exaggerate their credentials, leading to public scrutiny when inconsistencies are discovered.

Ignore the online CV truthers. If anything, Rachel Reeves is overqualified to be UK chancellor | Gaby Hinsliff

Rachel Reeves is establishing her authority amidst unique challenges reflective of gender biases faced by women in leadership roles.

Never mind what Rachel Reeves did long ago at the Bank of England: what claims do you make on your CV? | Emma Brockes

Politicians often exaggerate their credentials, leading to public scrutiny when inconsistencies are discovered.
morepolitics
#economic-growth

Rachel Reeves first Labour Budget in 14 years in detail

Labour's first budget in 14 years focuses on investment to restore stability and address pressing issues in public services.

We had no alternative': Reeves to defend her budget to the CBI

Rachel Reeves asserts her tax-raising budget is necessary and critiques critics for failing to propose alternatives.

Rachel Reeves' budget survives contact with the media for now | John Crace

Reeves faced tough scrutiny the morning after her budget, but maintained a positive outlook despite challenges in growth projections and funding.

Rachel Reeves first Labour Budget in 14 years in detail

Labour's first budget in 14 years focuses on investment to restore stability and address pressing issues in public services.

We had no alternative': Reeves to defend her budget to the CBI

Rachel Reeves asserts her tax-raising budget is necessary and critiques critics for failing to propose alternatives.

Rachel Reeves' budget survives contact with the media for now | John Crace

Reeves faced tough scrutiny the morning after her budget, but maintained a positive outlook despite challenges in growth projections and funding.
moreeconomic-growth

MPs raise questions about Rachel Reeves' CV

Chancellor Rachel Reeves faced criticism for allegedly exaggerating her work experience, highlighting issues of credibility in political roles.
#nhs-funding

A huge, hideous Canary Wharf by Regent's Park: this could be the result of Labour's plan for HS2 | Simon Jenkins

HS2 remains a financial disaster with ballooning costs, overshadowing funding announcements for the NHS and schools.

Rachel Reeves will tax businesses to plug 9bn black hole in NHS

Reeves is advocating higher business taxes to bridge a £9bn NHS financial gap, with significant public backing for the initiative.

Rachel Reeves bets on public spending increases in budget winning over voters

Britain's new chancellor announced significant tax hikes to fund urgent public service improvements, while avoiding burdening working-class citizens.

'How the Budget will help people in Hampstead and Highgate'

The first Budget delivered by a woman signifies progress in political leadership and aims to revitalize Britain's economy through strategic investments.

A huge, hideous Canary Wharf by Regent's Park: this could be the result of Labour's plan for HS2 | Simon Jenkins

HS2 remains a financial disaster with ballooning costs, overshadowing funding announcements for the NHS and schools.

Rachel Reeves will tax businesses to plug 9bn black hole in NHS

Reeves is advocating higher business taxes to bridge a £9bn NHS financial gap, with significant public backing for the initiative.

Rachel Reeves bets on public spending increases in budget winning over voters

Britain's new chancellor announced significant tax hikes to fund urgent public service improvements, while avoiding burdening working-class citizens.

'How the Budget will help people in Hampstead and Highgate'

The first Budget delivered by a woman signifies progress in political leadership and aims to revitalize Britain's economy through strategic investments.
morenhs-funding
#uk-politics

Budget 2024: What was missing from Labour's historic event?

Rachel Reeves became the first woman to present a government Budget amid significant public financial challenges.

A private jet to, say, California?': Rachel Reeves's best budget day jokes

Rachel Reeves effectively used humor in her speech, targeting Rishi Sunak and Kemi Badenoch to highlight key political issues and engage her audience.

A dream day for Labour as opposition is reduced to noises off | John Crace

The government enjoyed a rare day of peace and control, with opposition largely absent and ministers able to focus without crisis.

Keir Starmer's warning to ministers after cabinet Budget row erupts

Starmer's government faces backlash over significant spending cuts amid budget concerns and dissent within the cabinet.

Budget 2024: What was missing from Labour's historic event?

Rachel Reeves became the first woman to present a government Budget amid significant public financial challenges.

A private jet to, say, California?': Rachel Reeves's best budget day jokes

Rachel Reeves effectively used humor in her speech, targeting Rishi Sunak and Kemi Badenoch to highlight key political issues and engage her audience.

A dream day for Labour as opposition is reduced to noises off | John Crace

The government enjoyed a rare day of peace and control, with opposition largely absent and ministers able to focus without crisis.

Keir Starmer's warning to ministers after cabinet Budget row erupts

Starmer's government faces backlash over significant spending cuts amid budget concerns and dissent within the cabinet.
moreuk-politics
#economic-policy

Faisal Islam: Don't expect rabbits, this will be a Budget for boffins

Rachel Reeves will present a Budget characterized by fiscal responsibility and thorough economic analysis, in stark contrast to previous mini-Budget chaos.

Reeves needs faster UK growth than the OBR predicts for her budget to work

Rachel Reeves's tax-raising budget aims to increase public investment, backed by key economic institutions, despite potential initial negative reactions.

The Guardian view on Labour's choices: emphasising a big state amid economic challenges | Editorial

The 1970s economic policies are resurging in relevance, with Labour now initiating substantial public investment amid current economic crisis.

Labour wants to reverse decline but with a big budget comes a big risk

Public expectations for the budget were low, but optimism existed that it wouldn't be as negative as foreseen.

Two-thirds of bosses feel negatively about budget, Reeves is told

Rachel Reeves's mission to boost Britain's economy falters as business confidence declines, raising concerns over investment and financial stability.

Reeves lifts U.K. taxes by 40 billion in first Labour budget

Rachel Reeves plans to raise UK taxes by £40 billion to address a fiscal deficit and improve public services.

Faisal Islam: Don't expect rabbits, this will be a Budget for boffins

Rachel Reeves will present a Budget characterized by fiscal responsibility and thorough economic analysis, in stark contrast to previous mini-Budget chaos.

Reeves needs faster UK growth than the OBR predicts for her budget to work

Rachel Reeves's tax-raising budget aims to increase public investment, backed by key economic institutions, despite potential initial negative reactions.

The Guardian view on Labour's choices: emphasising a big state amid economic challenges | Editorial

The 1970s economic policies are resurging in relevance, with Labour now initiating substantial public investment amid current economic crisis.

Labour wants to reverse decline but with a big budget comes a big risk

Public expectations for the budget were low, but optimism existed that it wouldn't be as negative as foreseen.

Two-thirds of bosses feel negatively about budget, Reeves is told

Rachel Reeves's mission to boost Britain's economy falters as business confidence declines, raising concerns over investment and financial stability.

Reeves lifts U.K. taxes by 40 billion in first Labour budget

Rachel Reeves plans to raise UK taxes by £40 billion to address a fiscal deficit and improve public services.
moreeconomic-policy

What the budget means for interest rates

Reeves' budget may boost inflation and affect interest rate strategies despite aims for fiscal stability.
#uk-budget

Budget 2024: what the UK papers said about Rachel Reeves' statement

Rachel Reeves' budget aims to address public finances through a significant tax rise, sparking controversy and fears of economic downturn.

Taxes will have to rise further despite Reeves' 40bn tax grab, IFS director warns

The UK may see further tax increases despite recent budget measures.

Tech sector left wanting after UK budget overlooks key industry concerns

The UK budget aims to address a £22 billion deficit with tax hikes and increased investment, sparking debates on growth impact.

Budget 2024: what the UK papers said about Rachel Reeves' statement

Rachel Reeves' budget aims to address public finances through a significant tax rise, sparking controversy and fears of economic downturn.

Taxes will have to rise further despite Reeves' 40bn tax grab, IFS director warns

The UK may see further tax increases despite recent budget measures.

Tech sector left wanting after UK budget overlooks key industry concerns

The UK budget aims to address a £22 billion deficit with tax hikes and increased investment, sparking debates on growth impact.
moreuk-budget

Labour hands 1.5bn pensions pot back to miners

The government has scrapped a deal to receive surplus funds from the Mineworkers' Pension Scheme, transferring £1.5bn to former coalminers and their families.
#fuel-duty

Is Reeves still the green chancellor after her budget? Yes and no

Rachel Reeves' budget reflects controversial decisions impacting climate change initiatives, creating mixed reactions regarding environmental responsibility.

Fuel duty: How will Rachel Reeves's freeze on motorist tax affect you?

Reeves decides to freeze fuel duty and maintain 5p cut amid challenging economic conditions.

Is Reeves still the green chancellor after her budget? Yes and no

Rachel Reeves' budget reflects controversial decisions impacting climate change initiatives, creating mixed reactions regarding environmental responsibility.

Fuel duty: How will Rachel Reeves's freeze on motorist tax affect you?

Reeves decides to freeze fuel duty and maintain 5p cut amid challenging economic conditions.
morefuel-duty

HS2 will make it to Euston after years of uncertainty

HS2 has secured funding for tunnelling to London Euston, ensuring completion of the high-speed rail link to central London.

Rachel Reeves swaps Nigel Lawson portrait for one of Labour MP Red Ellen'

Reeves' replacement of Lawson's portrait with Wilkinson's signifies a commitment to honoring female political figures.
from www.independent.co.uk
1 month ago

Who is Rachel Reeves? From child chess champion to first female chancellor

Rachel Reeves is the first female chancellor of the UK, presenting her first Budget on 30 October, reflecting a significant moment in British history.

Pubs and restaurants warn of closures if taxes rise and business rates relief ends

Higher taxes and ending business rates relief could jeopardize many pubs and restaurants, threatening employment and investment during a critical holiday season.

How to claim Winter Fuel Payment and when is the deadline to apply?

The winter fuel payment eligibility has changed to only those receiving pension credit, affecting vulnerable pensioners.

The Starmer story so far: what has Labour done in its first 100 days?

Labour's first 100 days highlight significant fiscal challenges, immediate policy shifts, and a commitment to green infrastructure despite past government legacies.
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