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Reeves has instigated a wealth and talent exodus: welcome to REXIT
This year has seen the biggest single wealth exodus ever recorded, and they are taking an estimated £70bn GBP out of the country with them, writes Jamila Robertson for CityAM. Rachel Reeves’ now historic Budget carried on where her last left off – bruising business, threatening jobs and further squeezing working people. It raised taxes by £26bn; saw a ‘mansion tax’ levied on all properties over £2m; the income tax threshold extended for a further three years; caps on ISAs and
6 days ago4 min read


Reeves has learnt nothing from her last Budget
Rachel Reeves has learnt nothing from her last Budget, writes . Jamila Robertson in her City AM column. This week, Chancellor Rachel Reeves delivered a speech to set the context for her upcoming budget, which sent the FTSE tumbling by 57 points and the pound falling to a seven-month low. Reeves’ upcoming Budget is a can she kicked down the road back in September, when 30-year gilts had reached their highest level since 1998. In her speech, 370 days after her last budget a
6 days ago3 min read
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