Rachel Reeves vows to ‘invest, invest, invest’ in first Labour budget for 14 years
Reeves will vow the budget takes the difficult but necessary decisions to “restore economic stability” and begin a “decade of national renewal”.
Autumn budget: Rachel Reeves to raise national minimum wage by 6.7% in 2025
The national minimum wage is to increase by 6.7 per cent next year, with more than 3 million workers in line for a pay rise, at the budget.
No drama Starmer: why Labour’s first budget will avoid surprise ‘rabbits’
Labour’s approach to the budget has utterly infuriated Sir Lindsay Hoyle, the House of Commons speaker.
Budget disclosure avoids ‘surprising’ financial markets, says Labour after speaker criticism
The speaker said it was “unacceptable to go around the world telling everybody” about new policy instead of informing MPs first.
How closing the disability employment gap can plug the Treasury’s fiscal ‘black hole’
The general public might be forgiven for being somewhat anxious about the forthcoming budget, given the months of talk of ‘black holes’ and hard choices. But new research from the Disability Policy Centre shows that not all reforms to drive economic growth must be framed as potential sacrifices or cuts: there are some areas where […]
Keir Starmer backs ‘harsh light of fiscal reality’ to expose Conservative recklessness
Keir Starmer’s task today was primarily about framing the budget politically.
Pat McFadden vows autumn budget will be ‘most honest’ in years
A senior cabinet minister said he believes the autumn budget will be the “most honest” in years. Pat McFadden, the chancellor of the Duchy of Lancaster, told Times Radio that the government has “levelled with people” ahead of the budget on Wednesday. He said: “There’s no point in telling people everything’s absolutely fine when the […]
Week-in-Review: The budget is an opportunity for Keir Starmer to cut through the noise
In three months, the noise surrounding this Labour administration has crescendoed to an intensity that Conservative governance only achieved after years and at least two prime ministers. Every action of the government triggers some manner of media-political furore — and Keir Starmer, ever at the storm’s centre, is inevitably ascribed the worst of intentions. From […]
Introduce wealth tax to ‘reduce stark inequalities’, Rachel Reeves urged as budget nears
Rachel Reeves has been urged by a coalition of leading economists and campaigners to introduce a wealth tax at the budget on 30th October.
Budget tax rises necessary to avoid austerity, Rachel Reeves suggests
The chancellor, who will unveil the budget on 30th October, stressed that taxes on “working people” will be unaffected.
