The chairman of Asda has delivered a blunt warning to Chancellor Rachel Reeves, urging her to “stop taxing everything” and start investing in Britain ahead of an autumn budget that …
Rachel Reeves
News, speeches, and political commentary on Rachel Reeves — including her role as Labour’s Shadow Chancellor, economic plans, interviews, and party conference updates.
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Economy
Treasury Plans National Insurance Raid on Landlords’ Rental Income Worth £2 Billion
by James CarterThe Treasury is exploring plans to impose National Insurance contributions on landlords’ rental income in a move that could raise approximately £2 billion annually but risks driving up rents across …
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Politics
Starmer Braces for Junior Ministerial Reshuffle as Top Aide Exits Amid Plummeting Poll Ratings
by Darren SmithSir Keir Starmer is preparing an urgent ministerial reshuffle as early as Monday in a desperate bid to boost economic expertise within his faltering government, after his third senior aide …
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Politics
Labour Mega-Donor Dale Vince Holds £3.5m City Hall Contract as Starmer Faces Growing Sleaze Scandal
by James CarterLabour’s largest financial backer Dale Vince holds a lucrative electricity contract worth more than £3.5 million with Sadiq Khan’s City Hall, sparking fresh questions about the party’s commitment to ending …
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Economy
UK borrowing costs surge to 27-year high as Britain faces ‘moron premium’ and IMF bailout fears
by James CarterUK borrowing costs surged close to 27-year highs yesterday amid claims that Britain is “drifting without an anchor” and facing a damaging “moron premium” on its debts. The latest sell-off …
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News
Angela Rayner Adds £800,000 Seaside Flat to Property Empire as Tories Demand Council Tax Transparency
by Tara WhitmanHousing Secretary Angela Rayner has purchased an £800,000 seaside apartment in Hove, adding to her growing property portfolio at the very time her department is allowing councils to impose punishing …
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Economy
Top Economists Warn Rachel Reeves Pushing Britain Towards 1976-Style IMF Bailout as UK Economy Faces ‘Collapse’
by Darren SmithLeading economists have issued stark warnings that Chancellor Rachel Reeves is steering Britain towards a financial crisis reminiscent of 1976, when the country was forced to seek a humiliating £3.1 …
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Politics
Diane Abbott Warned Corbyn Against New Party Launch Over First-Past-The-Post Electoral Fears
by Tara WhitmanDiane Abbott has revealed she advised Jeremy Corbyn against setting up a new political party, warning that Britain’s first-past-the-post voting system would make it “very difficult” for any new party …
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Economy
Chancellor Reeves Records Lower July Borrowing as OBR Warns of 270% Debt Crisis
by James CarterChancellor Rachel Reeves oversaw lower government borrowing than expected in July, official data has revealed, even as fiscal watchdogs warn of mounting pressures that could see public debt triple to …
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Economy
China Exploits Labour’s Private School VAT Policy in Strategic Education Takeover as Beijing Buys Up Britain’s Historic Schools
by James CarterChinese investors are capitalising on Labour’s controversial VAT policy on private school fees to accelerate their acquisition of British independent schools, with officials warning the Communist Party is orchestrating a …