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Category : Rachel Reeves

Reeves dealt huge blow as UK businesses close at record rate following Budget

Rachel Reeves’ budget has continued to backfire, after new data revealed a big surge in the number of businesses closing down following her massive tax rises.

Rachel Reeves National Insurance tax raid forces first business to close UK factories and move abroad – ‘Manufacturing in Britain will die’

A British manufacturing company has announced it will close its four factories following Labour's recent Budget changes - making it the first business to cease

Chancellor’s NI raid claims first victim: ‘We made it through Covid but cannot survive this Government’

Connectix, which is based in Braintree, Essex, grew quickly and in 1999 was named by the Daily Mail as the most promising compa

Life in Britain’s Universal Credit capital: How Birmingham is facing a jobs crisis and spiralling child poverty as locals say ‘this place is f*****’

Locals in the deprived Hodge Hill area of Birmingham are not optimistic about their prospects under Keir Starmer's Labour.Chancellor Rachel Reeves' £40bn 'tax

Ryanair axes flights from major UK airports after one ‘idiotic decision’

Ryanair is set to slash its UK flights by 10% in the coming year, a response to Labour's hike in air passenger duty announced in the autumn Budget.Michael O'Lea

‘It’s now too hard to run a small business in Britain’: The entrepreneurs left teetering on the brink as they axe jobs or consider moving abroad because of hike in staff costs after tax bomb budget

Owners of small businesses have been left teetering on the brink following hikes in National Insurance and the minimum wage which will cost them thousands of po

The devastated business owners left in tears by Labour’s Budget:  Hairdresser breaks down on live TV as IFS warns National Insurance hike will hit low-paid jobs hardest and force firms to cut salaries, reduce hiring and put up prices

An entrepreneur has broken down on live television over the hike in National Insurance which businesses say will force them to cut jobs, reduce salaries and put

Reeves rebrands UK Infrastructure Bank into £27.8bn National Wealth Fund

In her closing speech at Labour's International Investment Summit yesterday (14 October), Reeves said the NWF will have £27.8bn at play to inv

New NI hike warning for UK business from Reeves

Rachel Reeves has all but confirmed that she will hike national insurance payments for employers in this month’s Budget as she seeks to push up tax revenues i

Disaster for Labour as UK business leaders’ support for tax plans plummets

The Labour Government's Budget tax raid and plans for workers' rights have led to a collapse in business confidence.The economic confidence index from the Insti

Reeves’ appraisal of Britain’s economy is becoming laughable

First quarter growth was 0.7pc, while the second quarter, announced last week, yielded a still healthy 0.6pc. This annualises a

UK Labour government accused of laying groundwork for tax hike

Britain’s finance minister Rachel Reeves announced on Monday (July 29) that the country’s public finances are facing a £22 billion ($28.29bn) shortfall inh