Reeves urged to reject 'path of least resistance' at budget
The Treasury plans to raise £30 billion in taxes due to lower productivity forecasts, welfare policy reversals, and higher interest costs, complicating budget promises, officials said.
9 Articles
9 Articles
The taxes Reeves could raise that economists warn will harm UK growth
Rachel Reeves is expected to raise taxes by tens of billions of pounds at the Budget in November.The changing economic landscape and a U-turn on some spending cuts has left the Chancellor needing to find extra money to plug a gap in the public finances.But for a party that laid out plans to “kick-start economic growth” at the last election, choosing which taxes to increase could cause problems for this mission.Tax rises often cause households to…
Reeves urged to reverse ‘rash’ tax commitments and reform system by think tank
The Institute for Government said Labour’s ‘unrealistic’ approach to tax has left the Chancellor reaching for ‘piecemeal changes’. Rachel Reeves should “reject the path of least resistance” and consider rowing back on her “rash” tax commitments at the Budget, a leading think tank has said. The Institute for Government (IfG) said Labour’s “unrealistic” approach to tax has left the Chancellor reaching for “piecemeal changes”. The Government has re…


Reeves must scrap manifesto tax pledges, think tank says amid £30bn Budget black hole
The chancellor is facing mounting pressure to hike income tax amid an expectation that £30bn worth of tax rises will be needed in the Budget
Jeremy Hunt warns Reeves: soaring taxes will kill UK’s ‘animal spirits’
Jeremy Hunt has accused Rachel Reeves of dragging Britain into “stagnation and decline” by raising taxes, warning that the Chancellor’s policies risk smothering the entrepreneurial drive the country needs. Writing for Conservative Home, the former Chancellor said it was now “all but nailed on” that Reeves will raise taxes by £30bn in November’s Budget — pushing the overall increase in Britain’s tax burden to £70bn in just 13 months. He argued th…
Reeves Urged To Reject 'path Of Least Resistance' At Budget - Great Yorkshire Radio
The Institute for Government (IfG), a leading think tank, said Labour’s “rash” and “unrealistic” approach to tax has left the chancellor reaching for “piecemeal changes”. Politics Hub: Follow the latest political news The government has repeatedly said it will not increase VAT rates, income tax or national insurance at the budget in November. But a report by the think tank calls on Ms Reeves to commit to serious tax reform, instead of reaching f…
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