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Chancellor Rachel Reeves has given the clearest sign yet that she will break Labour’s manifesto promise not to raise taxes on workers, after delivering an unusual pre-Budget speech at Downing Street.
She said that after years of so-called economic mismanagement, the budget will focus on “getting inflation falling” and “creating the conditions for interest rate cuts”.
But she hasn’t ruled out raising income tax. Stephanie Brobbey, a former private wealth lawyer and founder and CEO of the Good Ancestor Movement, shares her perspective.
And in part two, the build-up to the festive season is here. The Standard’s Culture Writer India Block joins us to discuss this year’s John Lewis Christmas advert.
