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...“Government needs to move faster to ensure that the necessary infrastructure can be delivered over the next decade,” Armitt wrote, urging Hunt to take “decisive action” in his Spring Budget on March 6....
...Doing so would put shadow chancellor Rachel Reeves in a difficult position, he said on a podcast he jointly hosts with former Labour shadow chancellor Ed Balls....
...In Wednesday’s Budget, chancellor Jeremy Hunt said that from April 2025, an individual will be able to claim such privileges for four years, down from the current 15....
...Rachel Reeves delivered the Mais Lecture last night....
...Rachel Reeves, UK shadow chancellor, will on Tuesday set out an unfamiliar new prescription for economic growth in Britain if Labour wins the next general election: stability....
...Rachel Reeves, shadow chancellor, on Tuesday pledged a Labour government would aim to borrow only to invest, echoing the fiscal rules of former Labour chancellor Gordon Brown....
...Hunt defended the move, saying high energy prices, which led to the decision to impose a windfall tax in the first place, were “expected to last longer . . ....
...Chancellor Jeremy Hunt told the House of Commons the government had “reached agreement on a £160mn deal” to buy the sites in Wylfa, Anglesey, and Oldbury, South Gloucestershire, from developer Hitachi....
...Rachel Reeves says she is “under no illusions” about the scale of the challenge that lies in wait for Labour if elected after the government adopted two of its policies to fund tax cuts....
...To that end, he just about found money for another major tax cut, stealing two of Labour’s three revenue-raising policies in the process and cheerfully leaving his shadow, Rachel Reeves, with the headache...
...Today Rachel Reeves sets out how Labour will respond — some thoughts on the politics of that below....
...But energy experts said by reducing the annual spend on green projects to just £4.7bn per year, Labour had replaced one incredible policy with another after shadow chancellor Rachel Reeves insisted Britain...
...Rachel Reeves, shadow chancellor, has accepted almost all the measures in Hunt’s two recent fiscal statements — including a 4 percentage point cut in national insurance — while Hunt has copied Labour’s plans...
...And, in his budget this month, UK chancellor Jeremy Hunt confirmed his government’s aim for nuclear to supply about a quarter of the nation’s electricity by 2050, up from about 14 per cent now....
...Shadow chancellor Rachel Reeves claimed earlier on Wednesday that the Conservatives would fund the NIC abolition by “cutting state pensions or cuts to the NHS”, an argument that Labour is expected to use...
...Chancellor Jeremy Hunt is also due to address leaders in Davos, including participating in a panel discussing technology....
...But Sir Robert Buckland, a moderate Tory former minister, said: “Is Rachel Reeves really going to deviate from Hunt? Probably not....
...“Rachel recognises that stability and security is needed.”...
...The chancellor, Jeremy Hunt, has promised unspecified savings to fund cuts to National Insurance....
...Rachel Solomon Williams, head of the Aldersgate Group, a green alliance of business and civic leaders, said the measures were an “absolutely critical element of delivering net zero”....
...Rachel Reeves, shadow chancellor, will unveil a range of measures focused on closing loopholes and toughening enforcement of the UK tax code....
...For Keir Starmer and Rachel Reeves, an open conversation about tax runs the risk of scaring voters off, thanks to fear of Labour’s tax rises....
...Rachel Reeves, shadow chancellor, on Thursday declined to say whether Labour would vote for any tax cuts contained in the March 6 package....
...The chancellor Jeremy Hunt is considering scrapping the non-dom tax regime: in a story that will have caused both Keir Starmer and Rachel Reeves to sit bolt upright upon reading it....
...Shadow chancellor Rachel Reeves promised a future Labour government would cap corporation tax at its current rate of 25 per cent and retain a big tax break for British businesses....
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