Britain, Rachel Reeves
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A farmer is worried his son could be landed with a £500,000 bill upon his death due to Rachel Reeves' inheritance tax changes. Jeremy Yabsley, 69, has been farming all his life, including dairy, and now looks after 80 yews,
Labour MPs saw a different side to Rachel Reeves on Wednesday evening. Fresh from delivering her spending review, the chancellor faced a meeting of the Parliamentary Labour Party, telling them to go out and “sell” what she had just announced to voters.
Rachel Reeves was in an excellent mood as she addressed the Parliamentary Labour Party on Wednesday evening, after delivering the Spending Review.
Britain's debt interest payments will soar by nearly £80billion as a result of Rachel Reeves's "unsustainable and dishonest" decisions, Shadow Chancellor Sir Mel Stride has warned. Ms Reeves is accused of ramping up borrowing by £200billion compared with the previous Government's plans.
Rachel Reeves has announced an extra £29bn per year for the NHS, along with funding boosts for defence and housing, as she set out her spending plans for the coming years. Speaking in the House of Commons,
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GB News on MSNRachel Reeves has 'no clue' where migrants will go after vowing to scrap asylum seeker hotelsRachel Reeves has admitted she cannot identify alternative accommodation for Channel migrants despite pledging to end hotel usage within four years. The Chancellor acknowledged her lack of clarity on replacement housing options during her commitment to eliminate what she termed "costly" hotel arrangements as part of her spending review.
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The Institute for Fiscal Studies has warned Rachel Reeves that any more bad economic news will “almost certainly” spark fresh tax rises. Council tax will already have to rise at its fastest rate in a generation,
Policies risk creating “a snowball effect” that pushes Britain’s £105 billion-a-year interest payments higher, experts told CNBC.
Chancellor Rachel Reeves will attempt to win back the confidence of voters this week with the launch of a £725billion infrastructure strategy for a "decade of national renewal". This comes on the heels of Opinium polling showing more than a third of voters (36%) think Labour prioritised the wrong things in last week's spending review and a majority (56%) think the economy will get worse over the next year.