Rachel Reeves to 'fight' for growth
Rachel Reeves has set out a series of major announcements on infrastructure projects, including backing plans for a third runway at Heathrow Airport. She promised to go "further and faster" than previous governments after years of sluggish growth in the UK.
The UK ’s chancellor of the exchequer, Rachel Reeves, delivered her first budget last October with a promise to end “short termism”. No more economic gimmicks – from now on Britain’s government would plan for the long term, she suggested.
Rachel Reeves is set to publish a tax return, in a U-turn hours after saying she did not have any plans to do so. A Treasury spokesperson indicated that Ms Reeves will release the details on her taxes, and Downing Street has confirmed that the Prime Minister will do the same.
The Resolution Foundation warned that Rachel Reeves may be forced to find some extra cash through tax increases or spending cuts, or else face "market jitters".
Under the Climate Change Act successive governments have a legal responsibility to meet successive five-year carbon budgets.
The Government is set to push through new off-shore wind projects off the coast of Yorkshire, which it says will cause “unavoidable impacts to the seabed”.
For years the biggest enemy in the economic life of the UK was short-termism — a term hurled around like a rude word, often prefixed with “chronic” for good measure. But this morning as I listened to the chancellor speak from a Siemens factory in Oxfordshire,
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Chancellor Rachel Reeves has admitted there needs to be a 'balance' when it comes to slashing regulation in the wake of disasters like the Grenfell Tower fire in 2017
The chancellor says the expansion of Europe's busiest airport is "badly needed" - but the Green Party's Sian Berry calls it "the most irresponsible announcement from any government I have seen since the Liz Truss budget".
Talk TV star Harry Cole called for Rachel Reeves to be sacked as he discussed the Chancellor's recent speech on economic growth.