Rachel Reeves accused of making Britain uninvestable as she insists there is no alternative to tax hikes

Rachel Reeves faced criticism from business leaders for making it difficult to invest in Britain, defending her autumn Budget at the CBI conference by stating there were no alternative suggestions. The chancellor assured UK businesses that they would not have to endure a similar Budget before the next election, emphasizing the government’s commitment to providing stability for future planning. However, industry figures expressed frustration over the national insurance increase, labeling it a “jobs tax” and warning that it could hinder investment and economic growth.

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