Tag: tax rises
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Why Rachel Reeves Is Resorting to Tax Rises Again Today
Introduction: The pattern behind Reeves’s tax policy When Labour’s Rachel Reeves announces a fresh round of tax measures, political observers often look for a simple villain to pin the blame on. Yet the real story is usually more nuanced: Reeves is navigating a difficult economic landscape where deficits, public services, and economic growth compete for…
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Tax Rises Ahead: Reeves Signals Budget Choices in November
What Reeves’ remarks could mean for the Budget In the lead-up to the Budget on 26 November, Labour leader and shadow chancellor Rachel Reeves has mounted a careful stance on tax increases. She has refused to rule out tax rises and says the government will make the necessary choices to fund vital public services. The…
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Tax rises in Budget: Reeves signals tough choices ahead
Labour signals willingness to consider tax rises in Budget In the run-up to the Budget on 26 November, Labour leader and potential future Chancellor, Rachel Reeves, has refused to rule out tax rises. Speaking to MPs and the public, she emphasised that the government must make “necessary choices” to balance the books, fund essential services,…
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Reeves Signals Higher Taxes on the Wealthy as Part of November Budget Plan
Overview: Reeves frames November budget as a growth-focused plan Chancellor Rachel Reeves has signaled that higher taxes on the UK’s wealthiest could feature in the upcoming November budget, framing the move as part of a broader strategy to repair public finances without returning to austerity. Speaking in Washington at the International Monetary Fund (IMF) meetings,…
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Brexit’s lasting economic impact shapes Reeves’s tax-raising budget stance
Brexit, the economy, and the budget: Reeves’s framing Labour’s shadow chancellor, Rachel Reeves, has framed Brexit as a central force behind the UK’s stubborn economic challenges, arguing that the decision to leave the European Union has produced a “severe and long lasting” impact on national productivity and living standards. In the same breath, Reeves signalled…
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Brexit’s Severe, Lasting Impact Drives Budget Tax Rises
Brexit’s enduring economic hit linked to looming tax rises The UK’s political discourse is once again focused on the long shadow cast by Brexit as Labour’s Rachel Reeves confirms that tax rises are likely in the upcoming budget. Reeves has been presenting a narrative that links the economy’s slower productivity and higher living costs to…