trump zelensky war ukraine white house china andrew prince tomahawk

Rachel Reeves cites Brexit impact while ‘looking at tax and spending’ for budget

Chancellor also blames austerity and ‘ongoing impact of Lis Truss’s mini-budget’ for growing shortfall in public financesUK politics live – latest updatesRachel Reeves has said tax rises and spending cuts are on the table for this autumn’s budget, as the government aims to tackle a growing shortfall in the public finances which she said was partly due to the lingering impact of Brexit.Speaking to Sky News, the chancellor said: “Of course, we’re looking at tax and spending” as she prepared for her 26 November statement. “But the numbers will always add up with me as chancellor, because we saw just three years ago what happens when … the Conservatives lost control of the public finances, inflation and interest rates went through the roof.” Continue reading...

Comments

Similar News

Rachel Reeves should consider welfare cuts in budget, IFS says

Rachel Reeves says higher taxes on wealthy ‘part of the story’ for November budget

Rachel Reeves suggests spending cuts and tax rises on way

Rachel Reeves revives plans to overhaul cash Isas

Rachel Reeves to confirm changes to ‘outdated’ planning system

Labour MPs call on Rachel Reeves to scrap council tax

IFS warns Rachel Reeves against ‘half-baked dash for revenue’

Rachel Reeves looks for extra headroom in budget to insulate UK economy against bond market

Rachel Reeves v the OBR: chancellor aims to loosen the watchdog’s grip

Rachel Reeves given extra £3bn for budget after VAT error fixed

Rachel Reeves to step up push for UK IPOs at JPMorgan event

Rachel Reeves urged to break manifesto pledges to avoid ‘pasty tax’ budget

Rachel Reeves ‘must shut down’ pension lump-sum tax rumours

Rachel Reeves gets a warm reception but business chiefs are wary of another tax raid

Rachel Reeves unapologetic on her fiscal rules while talking up investment

What Rachel Reeves’s conference speech really means: Tax rises are coming

Rachel Reeves confirms she no longer stands by pledge not to raise taxes

Rachel Reeves says Labour’s Youth Guarantee will ‘abolish long-term youth unemployment’ – UK politics live

Rachel Reeves pledges a library in every primary school in England

Why Rachel Reeves is facing a £40bn Budget black hole

World news

Montreal satellites play role in climate fight

Montreal satellites play role in climate fight

about 2 hours ago

RCMP to review P.E.I. foreign meddling allegations

RCMP to review P.E.I. foreign meddling allegations

about 2 hours ago

Shutdown impact: What it means for workers, federal programs and the economy

Shutdown impact: What it means for workers, federal programs and the economy

about 2 hours ago

‘No Kings’ protests live updates: Anti-Trump rallies kick off in UK, Spain, Germany and Sweden before millions set to march in US

‘No Kings’ protests live updates: Anti-Trump rallies kick off in UK, Spain, Germany and Sweden before millions set to march in US

about 2 hours ago

Trump's immigration crackdown threatens America's job market and ability to recruit foreign talent

Trump's immigration crackdown threatens America's job market and ability to recruit foreign talent

about 2 hours ago

Terrifying moment fire breaks out on plane travelling at 33,000ft

Terrifying moment fire breaks out on plane travelling at 33,000ft

about 2 hours ago

Putin foe stabbed to death in Istanbul villa where he lived in exile

Putin foe stabbed to death in Istanbul villa where he lived in exile

about 2 hours ago

The King could never forgive Andrew – and now there is no one to protect him

The King could never forgive Andrew – and now there is no one to protect him

about 2 hours ago

I’ve negotiated with Putin. These are the cards Trump still has for a peace deal

I’ve negotiated with Putin. These are the cards Trump still has for a peace deal

about 2 hours ago

Nottingham Forest sack Ange Postecoglou after just 39 days

Nottingham Forest sack Ange Postecoglou after just 39 days

about 2 hours ago

The traffic revolution that’s making cities cleaner — and happier

The traffic revolution that’s making cities cleaner — and happier

about 2 hours ago

How the shutdown has enabled the Trump administration's mass firing spree

How the shutdown has enabled the Trump administration's mass firing spree

about 2 hours ago

Work begins to restore power to Ukraine’s Zaporizhzhia nuclear power plant

Work begins to restore power to Ukraine’s Zaporizhzhia nuclear power plant

about 2 hours ago

Donald Trump responds to idea of tunnel connecting Russia and US

Donald Trump responds to idea of tunnel connecting Russia and US

about 2 hours ago

Israel identifies remains of 10th Gaza hostage as body search continues

Israel identifies remains of 10th Gaza hostage as body search continues

about 2 hours ago

'We're turning the tide on Gaza starvation crisis' - UN aid chief

'We're turning the tide on Gaza starvation crisis' - UN aid chief

about 2 hours ago

Afghanistan withdraws from cricket series after it says local players killed in Pakistan air strike

Afghanistan withdraws from cricket series after it says local players killed in Pakistan air strike

about 2 hours ago

Israeli Military Fires On Vehicle, Saying It Crossed Cease-Fire Lines

Israeli Military Fires On Vehicle, Saying It Crossed Cease-Fire Lines

about 2 hours ago

Why the 90s is tasting pretty darned good in this economy: How nostalgia and Americans’ pocketbooks are bringing brands like Chi-Chi’s back from the dead

Why the 90s is tasting pretty darned good in this economy: How nostalgia and Americans’ pocketbooks are bringing brands like Chi-Chi’s back from the dead

about 4 hours ago

Ukraine cannot win against Russia, warns top British army chief

Ukraine cannot win against Russia, warns top British army chief

about 4 hours ago

Can you actually fool AI to push your resume to the top of the pile?

Can you actually fool AI to push your resume to the top of the pile?

about 4 hours ago

US treasury secretary and Chinese vice premier plan another meet over ‘unsustainable’ tariff hike

US treasury secretary and Chinese vice premier plan another meet over ‘unsustainable’ tariff hike

about 4 hours ago

Gaza’s ‘perfect storm of hazards’ amid thousands of tonnes of unexploded bombs

Gaza’s ‘perfect storm of hazards’ amid thousands of tonnes of unexploded bombs

about 4 hours ago

Farage is holding back the tide of the far right, says top Labour peer

Farage is holding back the tide of the far right, says top Labour peer

about 4 hours ago

The options to move asylum seekers out of hotels – and what could go wrong

The options to move asylum seekers out of hotels – and what could go wrong

about 4 hours ago

The four ways Rachel Reeves could slash energy bills at the Budget

The four ways Rachel Reeves could slash energy bills at the Budget

about 4 hours ago

Is the US about to attack Venezuela?

Is the US about to attack Venezuela?

about 4 hours ago

A look at Prince Andrew's antics and scandals that have tried royal patience for decades

A look at Prince Andrew's antics and scandals that have tried royal patience for decades

about 4 hours ago

One scandal too many forces UK monarchy to sideline Prince Andrew

One scandal too many forces UK monarchy to sideline Prince Andrew

about 4 hours ago

Vladimir Putin enemy 'stabbed to death' while hiding in Turkey

Vladimir Putin enemy 'stabbed to death' while hiding in Turkey

about 4 hours ago

'We are orphans': Kenyans bid farewell to ex-PM Odinga in his political heartland

'We are orphans': Kenyans bid farewell to ex-PM Odinga in his political heartland

about 4 hours ago

Why are so many rich Americans investing in British soccer teams?

Why are so many rich Americans investing in British soccer teams?

about 4 hours ago

Trump and Zelensky met on Friday. What's next in the Russia-Ukraine war?

Trump and Zelensky met on Friday. What's next in the Russia-Ukraine war?

about 4 hours ago

Ukraine Braces for New Talks Without the Leverage of New Missiles

Ukraine Braces for New Talks Without the Leverage of New Missiles

about 4 hours ago

Boy’s prosthetic eye shows love for Jays

Boy’s prosthetic eye shows love for Jays

about 6 hours ago

One scandal too many forces UK monarchy to sideline Prince Andrew

One scandal too many forces UK monarchy to sideline Prince Andrew

about 6 hours ago

Investigation launched after budget airline jet almost dives into ocean moments after takeoff

Investigation launched after budget airline jet almost dives into ocean moments after takeoff

about 6 hours ago

Heightened sense of urgency around this 'No Kings Day'

Heightened sense of urgency around this 'No Kings Day'

about 6 hours ago

Man fakes his own funeral ‘to see who shows up and how much they care’

Man fakes his own funeral ‘to see who shows up and how much they care’

about 6 hours ago

Cruz Beckham is the unlikely anti-nepo baby

Cruz Beckham is the unlikely anti-nepo baby

about 6 hours ago

Novak Djokovic could not be more wrong about padel

Novak Djokovic could not be more wrong about padel

about 6 hours ago

Trump’s Zelensky meeting confirms one thing: Putin is leading negotiations

Trump’s Zelensky meeting confirms one thing: Putin is leading negotiations

about 6 hours ago

From EVs to Heathrow – China’s extraordinary grip on UK infrastructure

From EVs to Heathrow – China’s extraordinary grip on UK infrastructure

about 6 hours ago

Why the release of Israeli hostage bodies could yet derail Trump’s peace deal

Why the release of Israeli hostage bodies could yet derail Trump’s peace deal

about 6 hours ago

Seven easy ways to supercharge your diet – without overhauling it

Seven easy ways to supercharge your diet – without overhauling it

about 6 hours ago

Bernie-backed Maine Senate candidate Graham Platner melts down

Bernie-backed Maine Senate candidate Graham Platner melts down

about 6 hours ago

Chinese Nobel Prize-winning physicist Chen Ning Yang dies at 103

Chinese Nobel Prize-winning physicist Chen Ning Yang dies at 103

about 6 hours ago

SeaWorld trainer butchered by killer whale who turned 'psychotic' in captivity

SeaWorld trainer butchered by killer whale who turned 'psychotic' in captivity

about 6 hours ago

Moment Ukraine destroys Putin's floating bomb as Russia launches fresh attacks

Moment Ukraine destroys Putin's floating bomb as Russia launches fresh attacks

about 6 hours ago

Man living with dead mum in flat he'd not left for eight years

Man living with dead mum in flat he'd not left for eight years

about 6 hours ago

Skeletons found in mass grave are ancient Roman soldiers, study finds

Skeletons found in mass grave are ancient Roman soldiers, study finds

about 6 hours ago

'It's a joyous moment' - Brother of Prince Andrew accuser

'It's a joyous moment' - Brother of Prince Andrew accuser

about 6 hours ago

National Guard activated ahead of No Kings protests planned across US

National Guard activated ahead of No Kings protests planned across US

about 6 hours ago

Smuggler jailed for 40 years after shipping ballistic missile parts from Iran

Smuggler jailed for 40 years after shipping ballistic missile parts from Iran

about 6 hours ago

Ontario Psychologists Clash Over How Much Training Is Enough

Ontario Psychologists Clash Over How Much Training Is Enough

about 6 hours ago

A Popular Afghan Singer Challenges the Taliban With Song

A Popular Afghan Singer Challenges the Taliban With Song

about 6 hours ago

The Kids Who Sued Trump Just Lost Big in Court. Or Did They?

The Kids Who Sued Trump Just Lost Big in Court. Or Did They?

about 6 hours ago

Carter interception, TD run key in Lions’ win

Carter interception, TD run key in Lions’ win

about 7 hours ago

Israel identifies remains of another hostage handed over by Hamas

Israel identifies remains of another hostage handed over by Hamas

about 7 hours ago

Kremlin pitches £6,000,000,000 ‘peace bridge’ between Russia and America

Kremlin pitches £6,000,000,000 ‘peace bridge’ between Russia and America

about 8 hours ago