Reeves: Labour 'cannot tax and spend our way to prosperity'

In an opinion piece for The Times, published yesterday (22 September), Reeves pointed to "sluggish economic growth, low productivity and poor investment" under the previous Conservative government. "It now falls on us, a new Labour government, to grasp the nettle and deliver on the promise of change that we were elected on," Reeves said. The chancellor has previously flagged a £22bn public finance "black hole", expected to be addressed during the Autumn Budget on 30 October. Speculation has abounded around potential tax hikes, with capital gains tax (CGT) and inheritance tax (IHT) bot...