Rachel Reeves, Budget and Labour
Rachel Reeves expected to prolong personal tax threshold freeze beyond 2028
UK chancellor Rachel Reeves is expected to prolong a freeze on personal tax thresholds beyond 2028 in a “stealth” tax move that could raise £7bn a year and help plug a £40bn fiscal shortfall. Government officials said Reeves was looking to lengthen the freeze — announced in 2021 under the Conservatives but due to expire in 2028 — in what will be seen as a covert rise in income tax.
The details of the 2024 autumn Budget will be announced by Rachel Reeves in a speech to the House of Commons on October 30.
Gareth Davies, Shadow Exchequer Secretary, warned: “If the rumours are to be believed, this country might be facing the most ...
With just a few weeks to go until the Government’s first Budget, the public is waiting to see how it follows through on its ...
4hon MSN
Rachel Reeves will announce Labour’s first Budget since coming into power on 30 October, leading one of the most anticipated ...
George Freeman MP said: "On the cusp of cutting the nature-friendly farming budget by £100 million, Labour’s promise to ...
Starmer’s most memorable pre-election mantra was “growth, growth, growth.” But does economic output take precedence over ...
With the new Labour Chancellor Rachel Reeves's first post-election budget fast approaching, there has been some speculation ...
Rachel Reeves will deliver Labour's first budget in 14 years on October 30, 2024, facing tough decisions to address a £40bn ...
Labour’s credibility will depend less on finding “fiscal headroom” than on setting out a serious investment strategy.
The Government risks breaching its manifesto promises if it cuts a flagship farming fund at the Budget, critics have claimed.
According to a YouGov survey, the government’s approval rating would drop by a whopping 28 percentage points among those who ...
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