Category : Search result: Rachel Reeves budget


Reeves: £30bn asylum black hole in Budget

Chancellor Rachel Reeves exposes massive financial shortfall in asylum system, revealing £6.2 billion annual costs and warning of tough spending decisions ahead.

Reeves to scrap two-child benefit cap in budget

Exclusive: Labour government set to deliver major welfare reform as Chancellor Rachel Reeves prepares to lift controversial two-child limit on benefits in Autumn Budget announcement.

Rachel Reeves's Economic Wonderland: Fantasy Over Reality?

Chancellor Rachel Reeves faces mounting criticism as her economic policies draw alarming parallels to fantasy over reality. Experts question the sustainability of her borrowing plans and warn of serious consequences for Britain's economy.

Reeves's alcohol duty hike backfires, costs Treasury £1bn

Rachel Reeves's planned increase in alcohol duty is projected to cause a dramatic £1 billion shortfall in tax revenues, according to a damning new Treasury analysis, raising serious questions about the government's economic strategy.

Reeves Rules Out Income Tax, NI, and VAT Rises

Chancellor Rachel Reeves has used her first major speech to pledge no increases to Income Tax, National Insurance, or VAT, while warning of difficult spending decisions to rebuild the economy.

Treasury's Secret Tax Hike Plans for Post-Election Budget

Exclusive: Treasury officials are drawing up plans for significant tax increases, including a potential 'stealth raid' on pensions and inheritance tax reforms, that could be implemented swiftly if Labour wins the next election.

Reeves rules out income tax cut in Labour budget

Shadow Chancellor Rachel Reeves has firmly rejected calls for an income tax reduction in Labour's first budget, focusing instead on economic stability, even as pressure mounts following the recent 2p National Insurance cut.

Reeves urged to swap 2p NI cut for income tax rise

Exclusive: The Chancellor is facing calls for a radical budget overhaul that would cut National Insurance for workers but increase the basic rate of income tax, a move experts say could simplify the tax system.

Rachel Reeves rules out major tax hikes to fuel growth

Shadow Chancellor Rachel Reeves vows to prioritise economic growth over significant tax increases, promising a 'decade of national renewal' with a focus on planning reform and infrastructure investment.

ONS rejects Chancellor Reeves's economic growth forecasts

The Office for National Statistics has dealt a major blow to Chancellor Rachel Reeves's economic plans, refusing to endorse her growth forecasts and sparking a political row over the new government's financial strategy.

Rachel Reeves slams 'shambolic' ONS economic data

Chancellor Rachel Reeves launches a blistering attack on the Office for National Statistics, criticising its 'shambolic' GDP figures and demanding a major review to restore trust in UK economic data.

UK Borrowing Hits £37.6bn, Exceeding Forecasts

Chancellor Rachel Reeves faces a stern fiscal test as UK public sector borrowing hits £37.6bn for the first five months of the financial year, exceeding official forecasts and complicating Labour's spending ambitions.

UK Borrowing Rises as Consumer Confidence Slumps

New ONS data reveals a sharp rise in UK public sector borrowing alongside falling consumer confidence, creating a challenging backdrop for Chancellor Rachel Reeves's upcoming autumn budget.

Bank of England holds rates, complicating Reeves' budget

The Bank of England's Monetary Policy Committee votes 6-3 to maintain interest rates at 5.25%, while scaling back its bond-selling programme. This decision offers little respite for Chancellor Rachel Reeves ahead of her crucial autumn budget.

UK inflation holds at 3.8%, Reeves faces budget warning

UK inflation remains stubbornly high at 3.8% in September, posing significant challenges for Chancellor Rachel Reeves as she faces warnings of a £24 billion budget shortfall and tough economic decisions ahead.

Reeves Faces £9bn Tax Black Hole in Budget Crisis

Chancellor Rachel Reeves confronts a massive £9 billion fiscal shortfall as Treasury officials reveal grim tax receipt forecasts, forcing potential emergency tax hikes or spending cuts in the upcoming Budget.

OBR Downgrade Piles Pressure on Chancellor Reeves

The UK's fiscal watchdog has delivered a major blow to the government's economic plans, downgrading a crucial productivity forecast and threatening billions in planned public spending.

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