"I've known the Chancellor well for 15 years now, and I can tell you that she is solely and fiercely focused on the challenges facing the country and doing what is in the best interests of the country. She's never been shy of facing people down in order to do that in opposition and in government. Over the course of the last few weeks, obviously I've had some discussions with her and her team about measures in the budget that may affect my department,"
"Share Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. We start the day with a u-turn from the Labour government, with chancellor Rachel Reeves set to abandon a plan to raise income tax in her 26 November budget. The chancellor had previously informed the budget watchdog of plans to raise income tax breaking one of Labour's key manifesto pledges. But the Guardian has since confirmed that those main measures have been ditched."
Culture secretary Lisa Nandy said Chancellor Rachel Reeves is solely and fiercely focused on national challenges and acting in the country's best interests. Nandy said Reeves has never been shy of facing people down while in opposition and in government. Nandy said she recently held discussions with Reeves and her team about budget measures affecting her department and proposals that arise across government. The government is reported to have abandoned plans to raise income tax in the 26 November budget after earlier informing the budget watchdog of such plans. Reports indicate Reeves may consider changes to tax thresholds.
Read at www.theguardian.com
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