Starmer and Reeves at odds on tax
Prime Minister Sir Keir Starmer and Chancellor of the Exchequer Rachel Reeves during an investment roundtable discussion with Black Rock CEO Larry Fink and members of the BlackRock executive board at 10 Downing Street, London, November 21, 2024
LABOUR’S economic strategy was mired in confusion today as Sir Keir Starmer and Chancellor Rachel Reeves appeared at odds over future tax rises.
The Prime Minister refused to confirm the commitment made by Ms Reeves this week that the government would not seek further tax increases or more borrowing in this parliament.
Ms Reeves had made the pledge to bosses’ organisation the CBI at its conference on Monday, where she was obviously anxious to ingratiate herself with the big employers.
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