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Rachel Reeves to hike taxes by up to £16 billion in October Budget, warn economists
As the October 30 Budget looms, Rob Wood, chief UK economist at Pantheon Macroeconomics, stressed that Ms Reeves will need to spend more than the one per cent year-over-year real public spending increases which had been pencilled in by her predecessor Jeremy Hunt.
Rachel Reeves will 'no doubt' target one particular HMRC tax in Budget
HMRC has raked in an extra £300m for inheritance tax - sparking fears Rachel Reeves will "no doubt" target the levy in the forthcoming Autumn Statement. Chancellor Reeves, from the Labour Party government, could target IHT in October.
China Budget Spending Slide Deepens in Worrying Sign for Economy
China’s broad budget expenditure shrank at a faster clip amid an unprecedented drop in income earned by local governments from land sales, an alarming sign for an economy desperately in need of fiscal support.
Economy worries swirl after 'painful' Budget warning
The longest-running measure of consumer confidence fell sharply in September, raising concerns about whether government rhetoric about Budget "pain" has spooked people. GfK's Consumer Confidence Index had been recovering after years of rolling crises,
Daily Express
3m
Keir Starmer, Rachel Reeves and Angela Rayner say they'll no longer accept free clothes
Keir Starmer,
Rachel
Reeves
and Angela Rayner have all announced that they will no longer accept donations of free ...
4h
on MSN
Rachel Reeves is about to embark upon a massive debt binge
While speculation is mounting about the tax raids that Rachel Reeves will carry out in her maiden Budget, the Treasury is ...
6h
on MSN
Rachel Reeves under pressure to axe winter fuel cut after £10billion Bank of England windfall
The chancellor was handed more room for manoevre as a result of a Bank of England decision to slow the pace of its ...
7h
Rachel Reeves told winter fuel cut ‘no longer necessary’ as UK given £10bn boost
Rachel Reeves is under pressure to re-think the winter fuel allowance cut after the Bank of England threw the Chancellor a ...
4h
on MSN
Rachel Reeves ‘demands’ pictures of men removed from Downing Street state room
Rachel Reeves has demanded that pictures of men by male artists are removed from the state room in No 11 Downing Street. The ...
9h
on MSN
New headache for Rachel Reeves as public borrowing hits 100% of GDP for first time since 1961
The public finances have been put under enormous strain by the costs of responding the triple whammy of the financial crisis, ...
LBC
4h
Rachel Reeves 'will press ahead with winter fuel payment cut' despite £10 billion Bank of England windfall
Chancellor Rachel Reeves is still expected to press ahead with her plan to cut the winter fuel payment for millions of ...
9h
on MSN
UK debt hits 100% of GDP, adding to Rachel Reeves' headache
British government debt hit 100% of economic output for the first time in recent history and there was another large budget ...
10h
UK Deficit Overshoots, Debt at 100% of GDP in Blow to Reeves
UK government borrowing came in higher than forecast in the first five months of the fiscal year, keeping Chancellor Rachel ...
1d
Economists have urged Rachel Reeves to loosen the purse strings – here’s why it’s not that easy
A group of economists wants Reeves to raise public investment – but her plans so far point to a tight squeeze on spending.
4h
on MSN
Reeves takes £197m in capital gains tax as investors rush to sell before the Budget
A record amount of capital gains tax (CGT) was paid last month as landlords and investors rushed to sell up ahead of the ...
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Angela Rayner
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