7 h. ago Rachel Reeves refuses to rule out tax rises to cover scrapped welfare bill

Original welfare proposals had been part of a package expected to save up to £5 billion a year

Economics

18 h. ago Reeves refuses to rule out tax rises after ‘damaging’ welfare bill U

Original welfare proposals had been part of a package expected to save up to £5 billion a year

Economics

20 h. ago Reeves says welfare fallout ‘damaging’ and declines to rule out tax hikes

The Chancellor warned there would be ‘costs to what happened’ as she faced questions about how she would cover the shortfall left by concessions.

Economics

23 h. ago Rachel Reeves says she cannot rule out autumn tax rises after ‘damaging’ week

Exclusive: Chancellor says she never considered resigning and warns ‘there are costs’ to welfare bill U-turnRachel Reeves has said it is impossible for her to rule out tax rises in the autumn budget and insisted she never thought about quitting despite a turbulent week for her and the government.In an interview with the Guardian, the chancellor said “there are costs” to the watering down of the welfare bill and acknowledged it had been a “damaging” week for Downing Street. Continue reading...

Politics

53 h. ago Starmer defends Reeves but refuses to rule out tax rises as he announces 10

PM says only possible to transform the NHS due to decisions taken by chancellor, and denies the pressure is too much for herStreeting says he has to go to the Commons to make a statement to MPs.But first he introduces Rachel Reeves, saying that she has put an extra £29bn into the NHS.It is thanks to her leadership that we’ve seen interest rates in our country fall four times. It’s thanks to her leadership that we see wages finally rising faster than the cost of living. And it’s thanks to her leadership we have the fastest growing economy in the G7.If Australia can effectively serve communities living in the remote outback, we can meet the needs of people living in rural England.If community health teams can go door to door to prevent ill health in Brazil, we can do the same in Bradford. Continue reading...

Politics

66 h. ago Starmer backs tearful Reeves – but refuses to rule out tax rises after welfare debacle

Chaotic PMQs sees chancellor upset – reportedly after clash with speaker – as PM fields questions over black hole left by U-turn

Economics

2 d. ago Starmer fails to back tearful Reeves – or rule out tax rises – after welfare debacle

Chaotic PMQs sees chancellor upset – reportedly after clash with speaker – as PM fields questions over black hole left by U-turn

Economics

3 w. ago Rachel Reeves fails to rule out future tax rises as economy shrinks

However, the Chancellor repeated her promise that she would not need to increase taxes on the same scale as last year.

Economics

3 w. ago Rachel Reeves refuses to rule out Autumn Budget tax rises as economy shrinks 0.3% in April

Latest GDP estimate worse than the 0.1% fall expected by economists

Economics

3 w. ago Reeves urged to rule out pensions tax raid amid mounting concern over how she will pay for her lavish spending

The Chancellor is widely expected to launch a fresh round of tax rises in a Budget this autumn as she pours money into the public sector.

Economics