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· insisting on neoliberal economic orthodoxy in a period of low or stagnating global growth is a recipe for economic malaise, and a disaster for a labour government, argues kevin crane the labour government went into the christmas holidays in big trouble; Rachel reeves’s inheritance tax raid on businesses will hit as many as 140,000 family firms, new analysis suggests. · the chancellor is eyeing changes to the amount people can gift to family during their lifetimes, which impacts how much inheritance tax they pay. · chancellor rachel reeves plan to cut billions of pounds in welfare costs through reforms has essentially gone up in smoke. · the chancellor says she had been dealing with a personal issue but was still cracking on with the job. · every single reason rachel reeves and labour are ensuring uk economic catastrophe many businesses would rather shut up shop than put up with labours diabolical plans. · the chancellor draws a line under excruciating episode but still faces the same problems, writes henry zeffman. [2][3] reeves cites the influence of her father on her social-democratic politics and those of her sister ellie reeves, also a labour politician. · after keir starmer came to rachel reeves defence after a difficult pmqs, we take a look at the chancellors life away from politics - including her famous family member About our rachel reeves news latest news on rachel reeves, labours chancellor of the exchequer and first woman to hold the role, covering economic policies, treasury decisions, and westminster updates. The chancellor used the budget to drastically cut the relief that. [1] her parents, graham and sally reeves, worked as primary school teachers, were very focused on education, and divorced when reeves was seven. · rachel reeves will today vow to go ‘further and faster’ to deliver the government’s plan for change to kick start economic growth and put more pounds in people’s pockets. · the fightback began as soon as her tears had dried. Rachel reeves was born on 13 february 1979 in lewisham. No sooner had it returned from them, things became even more severe. Rachel reeves made history in july 2024 when she became the first woman to serve as chancellor of the exchequer in its over 800-year history. Following major government concessions on the benefits bill, a forecast. Rachel reeves, who on wednesday stunned the commons and spooked the bond markets by appearing distressed and tearful at prime minister’s. · rachel reeves faces ‘impossible trilemma’ and must raise taxes or cut spending to plug £50bn black hole leading economists say the chancellor may have to raise taxes, cut public spending or.