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...Reeves first announced plans to equalise the “private equity loophole” in 2021....
...Labour has quadrupled its use of consultants as it prepares for a general election, despite shadow chancellor Rachel Reeves vowing to cut their deployment in the civil service if her party takes power....
...Last week, Mark Carney, the former Bank of England governor, endorsed Reeves in a pre-recorded video while she was on stage at Labour’s annual conference in Liverpool....
...But Reeves did not rule out reducing it, if necessary, should a Labour government win a second term....
...Rachel Reeves, Labour’s shadow chancellor, will accuse the Tory government of leaving families £870 a year worse off by 2028-29 due to its long-standing policy of freezing personal tax thresholds and after...
...Richard Leonard, former Labour leader in Scotland, expressed anger at Reeves’ comments....
...Plus, Labour’s Rachel Reeves sets out her stall. With me here in the FT studio are Political fix regulars Miranda Green. Hi, Miranda. Miranda GreenHello, Lucy. Lucy FisherAnd Jim Pickard. Hi, Jim....
...The original “green prosperity plan” was announced by shadow chancellor Rachel Reeves to thousands of delighted party members at Labour’s 2021 conference....
...As a result, Reeves has painstakingly sought to redefine Labour as a party of financial rectitude....
...Reeves made the announcement to 400 senior business leaders at a business conference at the Oval cricket ground in south London....
...Instead Reeves has repeatedly argued for tax cuts to put more money in the pockets of working people....
...But other senior Labour figures, including shadow chancellor Rachel Reeves, had stopped citing the number in recent weeks....
...“Someone that’s a [political adviser] working for Rachel Reeves won’t necessarily be in her private office.”...
...Reeves will make the promise in her speech on Monday to her party’s annual conference in Liverpool, a four-day event that begins on Sunday....
...Jim Pickard is the FT’s deputy political editor This piece was amended since publication to reflect that Gary Lubner moved to the UK 35 years ago....
...Jim Pickard is the FT’s deputy political editor Find out about our latest stories first — follow @ftweekend on X...
...Follow Lucy on X: @LOS_Fisher, Miranda @greenmiranda, Jim @PickardJE, Anna @AnnaSophieGross Want more?...
...Ellie Reeves, deputy national campaign co-ordinator for Labour, said Starmer had been right to withdraw support for the candidate to demonstrate his “zero tolerance of antisemitism”....
...Labour leader Sir Keir Starmer and shadow chancellor Rachel Reeves have told shadow ministers to avoid uncosted promises as the party’s leadership tries to demonstrate fiscal discipline ahead of the general...
...Reeves will acknowledge the government has taken steps to protect people’s right to access physical money services....
...“It’s unprecedented for a leader to withdraw and not field a candidate in a by-election in this way but it was the right thing to do because of those comments,” said Ellie Reeves, deputy national campaign...
...“I have long argued that taxes on working people are too high,” Reeves said in response to the Autumn Statement....
...And the FT’s deputy political editor, Jim Pickard. Hello, Jim. Jim PickardHi....
...Rachel Reeves, shadow chancellor, has previously warned that the policy would have to fall within Labour’s fiscal rule that stipulates public debt must be falling as a percentage of gross domestic product...
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