Reeves’ Budget balancing act targets child poverty and economic confidence
Chancellor Rachel Reeves sought to inject stability and confidence into the economy with a Budget aimed at balancing the demands from business and Labour backbenchers.
She scrapped the two-child benefit cap, a policy that is estimated to lift 450,000 children out of poverty and had been a priority for Labour MPs. There were also above-inflation increases in the state pension and the minimum wage.
But she also sought to position her second Budget to be more friendly to entrepreneurs.
Reeves' first Budget was unpopular with bus... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
