Chancellor Rachel Reeves says there was no alternative to her Budget taxes. She is wrong, says TERRY MURDEN Three years ago Boris Johnson stood before delegates at the CBI’s annual conference and imitated the sound of an accelerating car as he spoke optimistically of an economy primed for growth. Without resorting to similar theatrics, Rachel […]
Rachel Reeves
Health gains, but business feels pain
The Chancellor’s first Budget has failed to inspire confidence in Labour’s growth plan, writes TERRY MURDEN Whenever I hear Rachel Reeves speak I find myself thinking about Michael Caine. There is something in that deep-voiced, don’t-mess-with-me south of England twang that when she stood up at the despatch box to deliver the first Budget speech […]
Smoking out North American investors
Reports of civil unrest in the UK will not have helped the Chancellor’s charm offensive in the US and Canada, says TERRY MURDEN While England’s towns and cities were being trashed and Scotland fretted that it might be next, the Chancellor Rachel Reeves was calming nerves among her North American hosts as her tour of […]
Budget likely to target capital taxes
The Chancellor has signalled Labour’s tax direction and it may point to IHT and CGT, says ROB MORGAN Rachel Reeves has set out Labour’s economic narrative more clearly and delivered a stark assessment of the nation’s finances. As many have long suspected it appears likely the tax burden is set to increase. In addition to […]