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The inadequacy of yesterday's Budget was epitomised by one of Jeremy Hunt's few surprise announcements: scrapping the lifetime allowance on tax-free pension contributions. The Chancellor also announced that the tax-free yearly allowance for…
Jeremy Hunt delivered his Spring Budget this afternoon. Among the measures announced were an expansion of free childcare provision to provide 30 hours to one- and two-year-olds in England, though the policy will not be fully implemented…
Sharon Graham has urged Jeremy Hunt to redress the balance of the UK's economy to give workers their "fair share of the pie", arguing that "none of our politicians are addressing these issues". In a letter to the Chancellor following his…
Keir Starmer has declared that the Tories "won’t offer change, because they can’t" in response to today's Budget and accused the government of turning the UK into the "sick man of Europe once again". Responding to Jeremy Hunt's statement…
Thanks to nothing but good luck, Jeremy Hunt enters today’s Budget a little richer than he expected. First, a warm winter took the pressure off the gas market. Then the Bank of England signalled they would raise interest rates by less than…
Today is Budget day, and Jeremy Hunt is set to deliver his first Budget as Chancellor this afternoon amid the worst slump in real-terms wages since 2009. With new opinion polling out today that finds Labour leading the Conservatives 58% to…
When the Chancellor gets to his feet this afternoon, it will be a bit like one of those movie franchises that has run its course. They keep churning them out, but the plot lines have lost all their strength. Another Tory Budget. Another…
Below is the full text of Shadow Chancellor Rachel Reeves' speech at MakeUK's annual conference in London this morning: Thank you Steph – and thank you Stephen at Make UK for inviting me here today. What a pleasure it is to be with you all…
Below is the full text of deputy Labour leader Angela Rayner's speech to the Confederation of British Industry's Future of Work Conference this afternoon. When I first became the Shadow Secretary of State for the Future of Work, the…
Labour has released a dossier documenting what it describes as nearly £30bn in wasted government spending during Rishi Sunak's time as Chancellor and Prime Minister. Rachel Reeves said the document was a "badge of shame" for the Prime…
Below is the full text of Labour leader Keir Starmer's speech at UK Finance this morning: Thank you Rachel. And thank you all for coming to the launch of Labour’s mission for the British economy. A collective ambition, a partnership – to…
Keir Starmer will shortly launch the five "missions" that will form the "backbone" of Labour’s election manifesto. In a speech in Manchester this morning, the Labour leader will announce the missions – described by the party as the “key…
