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RACHEL REEVES

I’d cut workers’ taxes and deliver a real boost to Britain if I was the UK Chancellor

BRITAIN has so much potential – but it’s being wasted.

If I was Britain’s Chancellor giving the Autumn Statement next week, I’d be focused on two things.

Labour's Rachel Reeves says she would cut taxes for working people if she were Chancellor
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Labour's Rachel Reeves says she would cut taxes for working people if she were ChancellorCredit: Getty
I’d move quickly on the global pact to tackle tax-dodging by big businesses, to bring in up to £7billion to public finances, says Rachel Reeves
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I’d move quickly on the global pact to tackle tax-dodging by big businesses, to bring in up to £7billion to public finances, says Rachel ReevesCredit: PA

The first would be making fairer choices for working people.

For too long you’ve carried the tax burden in Britain.

It seems every time taxes go up, it falls on you.

I’d be doing everything in my power to avoid that happening next week.

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That means a proper windfall tax on energy producers making eye-wateringly high profits.

I’d scrap unfair tax loopholes like non-dom status and tax breaks for private equity bosses.

And I’d move quickly on the global pact to tackle tax dodging by big businesses, so we can bring in up to £7 billion to the UK’s public finances.

These are straightforward, fairer choices I’d be making next week.

But with so much potential, Britain deserves more than just a secure economy.

That’s why the other thing I’d deliver in a Labour Autumn Statement next week is a real plan to grow our economy.

At the heart of that is our promise to invest in good jobs in British industries through our Green Prosperity Plan.

From the builders and plumbers needed to insulate homes, to engineers and operators for new nuclear power and windfarms, our plan will help us lead the pack.

Our Start-Up Review will untangle the problems holding new firms back, and help us make Britain the best place to start and grow a business.

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And our mission to fix business rates will get our high streets thriving again.

That’s Labour’s long-term plan for growth.

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