Chancellor Rachel Reeves said she wanted the tax burden to come down but that would depend on the economy and public finances improving.
British Finance Minister Rachel Reeves will urge company bosses at the World Economic Forum meeting in Davos, Switzerland, to invest in the UK, emphasising its political and economic stability and pro-business government,
Rachel Reeves seeks to win over business chiefs in Davos with Thatcherite defence of Budget - Chancellor adopted one of Margaret Thatcher’s famous phrases to argue that ‘there is no alternative’
The Chancellor has not been asked to speak, with EU Commission President Ursula von der Leyen being preferred over her.
Anne is in Davos where Chancellor Rachel Reeves is kickstarting her economic fightback. The chair of the Competition and Markets Authority has been moved on and there are big moves on AI, nature and unemployment. But will it all create the growth the chancellor is desperately seeking?
Labour hailed by business as Starmer successfully courts Davos” – that was how Bloomberg handled Keir Starmer and Rachel Reeves’ trip to the snowy showy place in 2023, before they took office. We are now 24 months on and Reeves is set to face a very different reception as she heads up the mountain for the annual meeting of the World Economic Forum this evening.
Rachel Reeves was warned the economy could enter a “doomed loop” after borrowing surged to a new high in a fresh blow to the Chancellor. The Treasury borrowed £17.8 billion in December, the highest level for four years and £10 billion more than the same month last year.
Rachel Reeves will hold talks with allies of Donald Trump in Davos next week in an attempt to woo the new US administration...
Forcing banks to pay drivers billions of pounds in compensation for mis-sold car finance would be “bad for working families”, Rachel Reeves has said.
Chancellor of the Exchequer Rachel Reeves said the chair of Britain’s antitrust watchdog stepped down because he knew it was time to “make way for someone who does share the mission” of her Labour government to prioritize growth.
Rachel Reeves has insisted the UK would continue to meet her “fiscal rules”, describing them as the “bedrock” of the stability she aims to restore to the economy and public finances. The Chancellor spoke at a Bloomberg event at the World Economic Forum in Davos,
Chancellor Rachel Reeves has indicated she will overrule environmental objections to a third runway at Heathrow in order to prioritise economic growth, a position likely to bring her into conflict with colleagues including energy secretary Ed Miliband.