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Reeves Says She’s Struck Budget Deals With Whole UK Cabinet
Chancellor Rachel Reeves said she’s reached agreement with all of her UK cabinet colleagues on their spending allocations for next week’s budget, following tensions with some senior ministers over cuts planned for their departments.
UK budget: tough choices on taxes for Rachel Reeves
British finance minister Rachel Reeves faces a tough task to raise the tax revenues she needs to invest more in public services and new infrastructure in her Oct. 30 budget.
Budget 2024: 'Main taxes on working people' won't rise, says Rachel Reeves
Rachel Reeves has said that “main taxes on working people” will not rise in the Budget. She gave the reassurance a week before she delivers her first Budget, and the first by a woman Chancellor. But her words left the door open to a raft of other tax rises, many of which could hit London hard.
Budget deals struck with all departments, says Reeves
Chancellor Rachel Reeves says she has now reached spending settlements with all government departments ahead of her much-anticipated Budget on 30 October. It comes after reports of Treasury rows with multiple departments over the expected scale of spending cuts.
Rachel Reeves’s Budget balancing act
Britain’s chancellor Rachel Reeves faces competing pressures to balance the books at her first Budget next week. She reckons that the UK has a £40bn gap in its day-to-day spending needs. Her estimate includes an admirable effort to protect key departments from real-terms spending cuts,
Public sector pay rises hand Reeves a £6.7bn headache ahead of Budget
High borrowing costs and public sector pay rises have given chancellor Rachel Reeves a £6.7bn headache ahead of next week’s Budget. Borrowing in the first six months of the year stood at £79.6bn, £1.2bn higher than a year earlier and almost £7bn higher than the Office for Budget Responsibility watchdog – which monitors the state’s finances – had estimated.
Tax on high earners ruled out as Rachel Reeves looks to plug £40bn Budget black hole
Sir Keir Starmer’s government was hit by another day of Budget confusion after Labour was bounced into conceding that individuals earning above £100,000 are still “working people”.On a day when the prime minister had hoped to get a grip on the political agenda with the launch of a major consultation over the future of the NHS,
3h
on MSN
Budget 2024 latest: Huge boost for Reeves as IMF growth forecast rises after inflation battle ‘largely won’
Payments swelled the Treasury’s coffers by £4.3bn in the six months since April, £400m more than in the same period in the ...
1d
on MSN
Rachel Reeves says cabinet 'united' on budget after ministers settle spending plans
The Chancellor was reportedly locked in negotiations with some ministers until last week as she sought £40 billion of tax ...
Opinion
Hosted on MSN
21h
Opinion
How to judge the new British government's first budget
Here is an easy prediction: the budget that United Kingdom Chancellor of the Exchequer Rachel Reeves is set to present on ...
Business Matters
3h
Reeves collects record £2.2bn from ‘death tax’ ahead of Budget
Rachel Reeves collects a record £2.2bn in inheritance tax as the UK government prepares potential reforms to the "death tax" ...
think
4h
What the markets are expecting from the UK’s crucial budget
It’s the first UK budget for the new Labour government and Britain’s first female Chancellor, Rachel Reeves. Big tax rises ...
21h
IMF raises UK growth forecast, warns on debt as finance minister readies budget
The International Monetary Fund on Tuesday raised its forecast for British economic growth this year but said the country ...
21h
on MSN
Budget 2024: Boost for Labour Chancellor Rachel Reeves as IMF ramps up economic growth forecast for Britain
The leading economists increased their prediction for GDP growth in the UK in 2024 from 0.7 per cent to 1.1 per cent ...
21h
Over 130k fuming drivers BEG Rachel Reeves not to hike fuel duty in petition
MORE than 130,000 angry drivers are begging Rachel Reeves to spare them a fuel duty hike in the Budget. Campaigners marched ...
The i on MSN
2d
Nine changes Reeves could make in the Budget – from workplace pensions to fuel duty
Chancellor Rachel Reeves has pledged not to raise key taxes, but could try and fill the Treasury coffers through other means ...
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