Rachel Reeves accused of making Britain uninvestable as she insists there is no alternative to tax hikes
Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.Your support makes all the difference.CloseRead moreRachel Reeves has been accused by business chiefs of making it hard to invest in Britain, prompting her to insist there was no alternative.Directly facing her critics at the CBI conference after weeks of negativity about her autumn Budget, a defensive chancellor pledged that businesses in the UK will not have to suffer another one like it before the next election.Squaring up to her detractors, she told them: “I have heard a lot of feedback about my Budget but not any alternative suggestions.”Ms Reeves insisted that the government had provided a “rock of stability” so that industry could be confident in their future planning.Businesses have not held back their anger on the increase in national insurance contributions, which has been branded a “jobs tax”.Rachel Reeves insisted to the CBI that she had provided a rock on which industry could build More