Rachel Reeves’s Growth Mission Is Struggling to Get Off the Ground
5 Articles
5 Articles
Rachel Reeves risks ‘serious damage’ with tax hikes
Fears of another Rachel Reeves’ tax raid are growing after fresh figures revealed the economy shrank in May, but a member of the OBR has warned the Chancellor against drastic measures, including tax hikes. The Chancellor is facing renewed pressure, with economists warning that the government’s £190bn spending splurge, sporadic U-turns, and poor growth figures are set to open a £30bn shortfall. The Office for National Statistics (ONS) reported th…
Reeves hit with yet another bombshell as the economy shrinks further as the Autumn Budget approaches - London Business News
The economy contracted by 0.1% in May, following a 0.3% contraction in April. This is a far cry from the strong growth in the first quarter of the year when… The post Reeves hit with yet another bombshell as the economy shrinks further as the Autumn Budget approaches appeared first on London Business News
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