Labour, Budget and Rachel Reeves

Budget 2024: Boost for Labour Chancellor Rachel Reeves as IMF ramps up economic growth forecast for Britain
The leading economists increased their prediction for GDP growth in the UK in 2024 from 0.7 per cent to 1.1 per cent
Labour borrowing soars to £16.6bn as Rachel Reeves to unleash £22bn Budget hammering
Labour's public sector pay rises pushed government borrowing up by £2.1billion year-on-year, official figures show.
Labour could freeze income tax thresholds in budget - move they branded 'stealth tax' under Sunak
As much as £7bn a year could reportedly be raised through "fiscal drag", where people are pulled into higher tax rates as their pay and salaries rise over time.
Budget 2024: What taxes will Labour chancellor Rachel Reeves hike in announcement?
Rachel Reeves has warned that tax rises and more public spending cuts are in the pipeline for the October 30 Budget.The Chancellor is finalising her Budget, with several drafts having been sent to the financial watchdog,
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.
What to expect from Rachel Reeves's Budget - Britons urged to brace themselves for 'hasty tax grab'
As Budget day looms, there has been much speculation on the potential tax rises Chancellor Rachel Reeves could go ahead with to fill the £22billion black hole in public's finances. GB News has provided a round-up of what Britons should be on the look out for,
Seven ‘painful’ changes Labour may be planning in 2024 autumn Budget
Naturally, the information vacuum surrounding the Budget has been filled with speculation about who that ‘pain’ is going to ...
Labour not trusted by public on taxes amid fears of Budget bombshell
Gareth Davies, Shadow Exchequer Secretary, warned: “If the rumours are to be believed, this country might be facing the most ...
October Budget predictions: When is it and what taxes will Labour raise?
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 ...
Dozen Labour MPs join call for 'extreme wealth' tax
The MPs want Rachel Reeves to bring in a 2% tax on assets over £10m, which they claim could raise £24bn per year.
Labour’s Budget Should Promote Growth Above All Else
Starmer’s most memorable pre-election mantra was “growth, growth, growth.” But does economic output take precedence over ...
Investment Week14h
Partner Insight: Labour's first budget - Potential Truss 2.0 or benign for markets?
With the new Labour Chancellor Rachel Reeves's first post-election budget fast approaching, there has been some speculation ...
Labour risks breaking manifesto pledge by Budget cut to farming fund
The Government risks breaching its manifesto promises if it cuts a flagship farming fund at the Budget, critics have claimed.
When will the UK budget be announced and what could it include?
Rachel Reeves will deliver Labour's first budget in 14 years on October 30, 2024, facing tough decisions to address a £40bn ...
Morning Star4h
Labour faces massive drop in popularity if puts balancing the books ahead of public services, study finds
According to a YouGov survey, the government’s approval rating would drop by a whopping 28 percentage points among those who ...