Rachel Reeves handed dire property tax warning over ‘wealth exodus’ fears
Critics argue hikes to capital gains tax risk punishing long-term savers and destabilising the housing market rather than raising sustainable revenue.
Rachel Reeves
Rachel Reeves disaster as insolvency expert issues dire 5-word debt warning
Analysts have noted that bankruptcy rates have dipped only because many struggling households cannot even afford the court fees associated with going bust.
Rachel Reeves in crisis as UK economy grows by just 0.3%
The latest data will be come as a bitter disappointment compared with the first quarter, which saw growth of 0.7%. Posting on X, Rachel Reeves said: "I know there is more to do to deliver an economy that works for working people."
Misery for Rachel Reeves as pound slumps after ‘disappointingly small’ retail sales rise
The data weighed heavily on the pound, which dropped against the dollar, euro, and yen as investors digested signs of a sluggish recovery in household spending.
Pound plunges to nine-month low as Rachel Reeves on ‘brink of breaking own fiscal rules’
It comes as UK 10-year borrowing costs rose to their highest level since the financial crisis of 2008.
FTSE slumps ahead of Budget as spooked investors brace for £40bn in tax hikes
Rachel Reeves takes centre stage today with the Chancellor expected to unveil £40bn in measures aimed at stabilising public finances during her Budget later today.
FTSE slumps to lowest level in months as Budget shockwaves reverberate
The FTSE's jitters is a clear indication that financial markets are anxious in the wake of the measures announced by Chancellor Rachel Reeves yesterday in the Commons.
