Rachel Reeves tells Labour MPs that axing allowance for all but poorest pensioners will help plug £22bn hole in finances
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The Labour Party, having recently returned to power on July 4, 2024, after a lengthy period of Conservative rule since May 2010, faces significant challenges as it navigates a troubled economic landscape. The newly appointed Chancellor of the Exchequer, Rachel Reeves, has described the economic situation inherited from the previous Conservative administration as the worst […]
Rachel Reeves tells Labour MPs that axing allowance for all but poorest pensioners will help plug £22bn hole in finances
Chancellor tells meeting of parliamentary Labour party there will be more difficult decisions to come
Whatever Rachel Reeves may achieve, she will always be known for this
Furore over cuts to the pensioner benefit is all the more potent when the left, right and centre can all find reasons to oppose the policy
Furore over cuts to the pensioner benefit is all the more potent when the left, right and centre can all find reasons to oppose the policy
Figures are a blow to chancellor Rachel Reeves who has put growth at the heart of government’s agenda
Some Labour MPs are uneasy over the move to scrap winter fuel payments for millions of pensioners.
A group of leading economists has told UK Chancellor Rachel Reeves to rip up her fiscal rules at the October budget in order to borrow more to invest...
"This £8 billion investment marks the start of the economic revival and shows Britain is a place to do business."