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Reeves defends handling of economy and says tax rises were needed for 'stability'

Summary by BBC News
The chancellor answers questions from MPs a day after a series of household bills went up.

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BBC NewsBBC News
Center

Reeves defends handling of economy and says tax rises were needed for 'stability'

The chancellor answers questions from MPs a day after a series of household bills went up.

·United Kingdom
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The TelegraphThe Telegraph
Right

Reeves refuses to rule out autumn tax rises as Trump tariffs loom

Chancellor tells MPs public finances are on ‘firm footing’ despite OBR warning over headroom

·London, United Kingdom
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GB NewsGB News
Right

Rachel Reeves avoids apologising after condemning Treasury Minister for comparing benefits to pocket money: 'Clearly not right'

Chancellor Rachel Reeves has declined to personally apologise for comparing benefits to pocket money, despite acknowledging it was "not the right analogy" when used by Treasury Minister Darren Jones.The comments came during a fiery grilling by the Treasury Select Committee, chaired by Dame Meg Hillier.Reeves faced scrutiny over remarks she made on LBC when defending benefit cuts, announced in the Spring Statement.Discussing the cuts at the time,…

·London, United Kingdom
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New StatesmanNew Statesman
Left

Letter of the week: Labour’s true north

Your Leader (28 March) rightly concluded: “If Britain is to maintain fiscal stability, bolster national security and improve public services, it must shed its illusions over tax. Middle earners – not just the wealthy – will need to contribute more.” I could not agree more. The tragedy is that this didn’t happen from the start. The damage done thus far is incalculable in my opinion. The green agenda ditched. The poor and those just getting by lef…

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New Statesman broke the news in on Wednesday, April 2, 2025.
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