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Rachel Reeves has said that as Chancellor she would "get a grip on government spending" but that cuts to public spending on "our police, our health service and our schools" is "not something that I would support". In an interview with BBC…
Rachel Reeves has called on Liz Truss and Jeremy Hunt to apologise for the impact of the mini-Budget on household finances, stressing that the fiscal statement has caused "lasting damage" that government U-turns will not rectify. The new…
Rachel Reeves has declared that "only Labour" offers the leadership needed to respond to the fallout from the mini-Budget after it was announced that Kwasi Kwarteng has been sacked as Chancellor. Liz Truss sacked Kwarteng this afternoon…
Rachel Reeves give a speech at the Co-op Party conference in Leeds last weekend. The Shadow Chancellor spoke highly of the positive impact that co-operatives have on communities and economies throughout the UK and pledged the next Labour…
Rachel Reeves has accused Kwasi Kwarteng of being in a "dangerous state of denial" over the mini-Budget and has again urged the Chancellor to reverse the economic plans set out in his fiscal statement. Addressing the Commons this afternoon…
Labour has said that it will demand that Kwasi Kwarteng take responsibility for his 'mini-Budget' and pressure the Chancellor to reverse the "disastrous" policies announced in the fiscal statement. Commenting ahead of MPs' return to…
Millions in our country can’t afford to eat and can’t afford to heat our homes, the markets are plunging, and the climate emergency continues to threaten our planet. We seem to be living through a period of perpetual crisis – so it’s no…
Keir Starmer has warned that the "fantasy economics" being pursued by the Conservative government will mean that households across the country will see an "eye-watering" increase in monthly mortgage payments. Commenting on Labour's analysis…
Rachel Reeves has called on Liz Truss to "immediately reverse her government's kamikaze Budget" as the Prime Minister used her Conservative Party conference speech to condemn what she described as an "anti-growth coalition". Truss addressed…
"We have to be fiscally responsible," Liz Truss told BBC Radio Four's Today programme when asked whether her government would uprate benefits in line with inflation. You may be wondering if this is the same Liz Truss whose Chancellor…
Rachel Reeves has accused Kwasi Kwarteng of showing no understanding of the government's "appalling record" on growth following the Chancellor's speech to Conservative Party conference. Addressing conference this afternoon, Kwarteng…
Analysis has found that the richest households will gain around 40 times as much as the poorest from the 'mini-Budget' despite the government U-turning on its plans to abolish the 45% income tax rate for earnings over £150,000. Research by…
