How Rachel Reeves can ‘break Britain’s tax-and-spend doom loop’ as Budget looms
9 Articles
9 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 …
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Chancellor Rachel Reeves has been warned that any tax hikes must soon be rescinded if she breaks a key Labour manifesto promise and further increases the tax burden on Britons.On Tuesday, Ms Reeves opened the door to potential tax rises in a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…
National Enterprise Network urges Chancellor to back small business growth in Autumn Statement
The National Enterprise Network (NEN) has urged Chancellor Rachel Reeves to use this month’s Autumn Statement to deliver a new wave of support for Britain’s micro and small businesses (MSBs) — which it says are “the foundation of the UK economy” but increasingly constrained by rising costs and patchy access to finance. Representing a nationwide network of local enterprise agencies and business support organisations that together cover 98% of the…
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