Labour’s plans require no more tax rises, Reeves says

The Labour Party positions itself as the natural ally of British business, emphasizing the importance of business engagement in policy-making. The party aims to lead a pro-growth treasury with robust fiscal rules to reduce debt. It commits to fiscal responsibility, avoiding risky financial practices, and introduces a fiscal lock for tax and spending changes. Business investment is prioritized through a new industrial strategy and national wealth fund, with corporation tax capped for the next Parliament.

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