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Rachel Reeves will set out a "radical plan" to make Britain the "high-growth, start-up hub of the world" as she unveils the results of the party's independent review at Labour's business conference on Thursday. Addressing the gathering on…
Rachel Reeves has accused the Tories of "diving into working people’s pockets" rather than "fairly" taxing the profits of oil and gas companies after research revealed that changes to the government's windfall tax could raise nearly £17bn…
Hot on the heels of Keir Starmer's speech to the CBI conference in Birmingham, Rachel Reeves will today address the Great Northern Conference in Manchester – an annual event that focuses on how to grow the North of England's economy. The…
Jeremy Hunt delivered his long-awaited autumn statement this morning. The Chancellor set out a large number of measures including reducing the 45% income tax threshold from £150,000 to £125,140 and announcing a cut to dividend allowance to…
Rachel Reeves has warned that the UK has "fantastic strengths" but is being "held back" by "mistakes" made by the Conservative government and argued that we need a "serious long-term plan to get our economy growing again". Responding to the…
The day is finally upon us. Jeremy Hunt will deliver the government's long-awaited autumn statement later this morning. According to the latest guesstimates, the Chancellor is likely to unveil around £30bn in spending cuts and £24bn in tax…
Rachel Reeves has declared that the autumn statement needs to deliver "fairer choices for working people" and a "proper plan for growth" ahead of Jeremy Hunt's long-awaited fiscal statement on Thursday. The Chancellor reiterated on Sunday…
Sunday with Laura Kuenssberg Shadow Chancellor Rachel Reeves said there is "clearly a gap" in the government finances and argued that the economic situation an incoming Labour government would inherit would "put constraints on us". On…
The UK economy shrank in the last quarter, official figures show. GDP shrank by 0.2% between July and September after growing by 0.2% in the previous three months. An economy is considered to be in recession only after it contracts for two…
Rachel Reeves has demanded that Rishi Sunak "face up to his mistakes" that have led to a "vicious cycle of stagnation" after the Bank of England warned that the UK may face its longest period of recession since records began. The Bank…
The government is imploding. Their economic policy making has gone from a baseline level of dysfunction to catastrophe in the space of just a few months. Economic and fiscal chaos has vaulted Labour to an unprecedented poll lead. As each…
Liz Truss resigned as Prime Minister on Thursday, bringing to an end a brief and humiliating period in office. Outlasted by a lettuce in a wig, Truss' only real impacts were exacerbating the UK's economic crisis with her disastrous…
