The Shadow Chancellor and her team have been reluctant to spell out the details of how they will overhaul the economy
Labour has been intent on rebuilding its credentials as a party of economic credibility in the wake of the Jeremy Corbyn years, when businesses and markets shunned its left-wing agenda.
The Shadow Chancellor insists that all Labour policies are signed off by her department to avoid any risk the party will be accused of lax policy-making.: “As somebody who is quite ambitious for my brief, I can tell you that Rachel Reeves and the shadow Treasury team do not allow anything out of the door that hasn’t been through the rigour of making sure that it’s affordable, costed and the returns are really clear.
Ms Reeves says she would restore the 45p additional rate of income tax, impose a windfall tax and oil and gas producers and take corporation tax up to 21 per cent from 19 per cent. It is far from clear that these moves would raise enough money to restore many of the austerity-era cuts.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shadow chancellor Rachel Reeves 'most optimistic' about Labour's future in 12.5 years as MPSpeaking to Sky News' Kay Burley, Rachel Reeves called Sir Keir Starmer a 'brilliant man' and said that under his leadership, the party is finally 'winning the battle of ideas'.
Read more »
Shadow Chancellor Rachel Reeves gives keynote speech as she accuses Tories of unfunded tax cuts🔴 Shadow Chancellor Rachel Reeves gives keynote speech as she accuses Tories of unfunded tax cuts Follow the latest:
Read more »
Shadow chancellor Rachel Reeves attacks Liz Truss's economic plan which 'has been tested and has failed'Labour's shadow chancellor Rachel Reeves has said the UK Government is putting the economy in danger and attacked Liz Truss's plan of 'trickle-down economics' after the pound sank to a record low against the dollar. Read more:
Read more »
Labour rival Tories with industry plan for economic growthThe shadow chancellor will pledge to 'build British industry' with an initial pot worth £8bn.
Read more »