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Shadow Chancellor Rachel Reeves
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Labour Could Cut Taxes by £16bn, Say Economists

Economists suggest Labour could cut taxes by £16bn if it wins the General Election, with increased fiscal headroom due to revised forecasts by the Office for…

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Labour to Close VAT Loophole on Private School Fees

Labour plans to introduce anti-forestalling legislation to prevent parents from pre-paying private school fees to avoid upcoming VAT, potentially raising £1.7 billion for state education.

German automotive giant Volkswagen (VW) has announced plans to invest up to $5 billion (£3.94 billion) in US-based electric vehicle (EV) manufacturer Rivian, a key rival to Tesla.
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VW to Invest Up to $5bn in Tesla Rival Rivian

Volkswagen announces a $5 billion investment in Rivian, creating a joint venture to share technology and intensify competition in the electric vehicle market.

HSBC has announced reductions in its mortgage rates, joining Barclays and NatWest in a move that comes on the heels of hints from the Bank of England about a potential summer base rate cut.
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HSBC Joins UK Banks in Cutting Mortgage Rates

HSBC has announced reductions in its mortgage rates, joining Barclays and NatWest in a move that comes on the heels of hints from the Bank of…

The Trades Union Congress (TUC) has highlighted a concerning trend in the UK labor market, indicating that workers are significantly worse off compared to before the 2008 financial crisis.
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Tax Hikes Likely in the Next Five Years, Warns IFS

The Institute for Fiscal Studies warns that tax increases are likely over the next five years, as major UK parties avoid tough financial decisions in their…