Reeves scraps winter fuel payments for 10m pensioners to fund public sector wage rise
Chancellor opens door to tax rises after announcing plans to make £5.5bn in savings
![Rachel Reeves, the Chancellor, announces plans to make £5.5bn savings in the Commons on Monday](https://cdn.statically.io/img/www.telegraph.co.uk/content/dam/business/2024/07/29/TELEMMGLPICT000387438799_17222687576850_trans_NvBQzQNjv4BqZ_JcPYgesQnahAq0MEErmamJIW7AgN2SEtWUtWNkBeU.jpeg?imwidth=350)
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Chancellor opens door to tax rises after announcing plans to make £5.5bn in savings
To pretend ‘the books’ are worse than expected is not just shameless, it’s an insult to the British public
If economic policy is not set on the right track there will be a heavy price to pay
Once a blueprint for the future of urbanisation, Milton Keynes now has the worst waiting lists in the country
The party of the working people isn’t being forced to increase taxes – it’s choosing to
Chancellor’s speech will claim Tory policy’s ‘hidden’ £10bn cost is three times previous estimates
Crisis was compounded by pension funds’ sell-off, Bank of England researchers find
Scheme’s £158bn bill could force people to work longer
It is hard to see what positive catalyst can lift Europe out of its political temper tantrum
Chancellor expected to blame pressures on NHS, prisons and schools for funding gap
Labour’s push to turn the UK into an ‘island of stability’ appears to have been timed to perfection
The new Government claims public finances are worse than it thought, and so the only solution will be to raise taxes
Chancellor urged to impose flat 30pc rate of tax relief, raising levy for higher rate payers
In pleasing its base, Labour threatens to trap Britain in a doom loop from which it will be impossible to escape
Major settlements and salary increases could cement Bank’s fears of wage-price spiral, say economists
Britain’s collapse in productivity means Labour is starting from behind the pack
A record 2.8 million people are on incapacity benefit, up from 2.1 million before Covid, with mental health and spinal issues often cited
We must hold the new Government to account, and that starts with insisting on honesty about the nation’s finances