Rachel Reeves Stands Behind Rishi Sunak's Plan

Shadow Chancellor Rachel Reeves has announced that Labour will support Rishi Sunak's proposal to phase out cigarettes, marking the "one sensible thing" put forth by the Tories during their recent conference. Speaking at the Labour conference in Liverpool, Reeves addressed party members and acknowledged that although Liz Truss may no longer be in Downing Street, she still remains a prominent figure in the Conservative Party. Reeves expressed support for the Tories' smoking ban and humorously questioned how they would come up with their next policy without a shortage of cigarette packets.

Class War Sparks as Major Crackdown on Private Schools is Promised

Reeves sparked controversy during her conference speech by advocating for a significant crackdown on private schools. She announced plans to cut tax breaks for private schools and increase parents' fees by an additional 20%. In a defiant tone, she challenged Sunak to a fight about the aspirations they hold for the future of children in the country.

Shadow Chancellor Pledges Ban on Private Jets

Reeves pledged to ban ministers from traveling on private jets, aiming to promote greater accountability and minimize unnecessary expenses. This announcement comes as a response to concerns raised following Liz Truss' mini budget presentation.

New Fiscal Law to Hold Governments Accountable

Reeves promised the implementation of a new fiscal law that would require any government making "permanent and significant tax and spending changes" to undergo an independent forecast from the unelected Office for Budget Responsibility. This measure aims to ensure transparency and responsible decision-making.

Creation of National Wealth Fund and Focus on British Industry

Reeves outlined plans to create a National Wealth Fund that would leverage £3 of investment for each £1 of taxpayer money. This initiative aims to drive down bills, create new jobs, and make informed long-term decisions. She emphasized the importance of financial responsibility while also prioritizing investment in British industry.

Abolition of Non-Dom Tax Status and Increased NHS Funding

Reeves reaffirmed Labour's promise to abolish non-dom tax status, which they claim will bring in billions of pounds. The funds will be allocated to increasing the number of doctors and nurses in the NHS. Reeves asserted that those who make their home in Britain should pay their taxes here as well.

Focus on Affordable Housing and Homeownership

Reeves set the goal of ensuring that 70% of British households become homeowners. To achieve this, she pledged to raise stamp duty charges on foreign buyers, with the intention of funding the construction of affordable homes. She positioned Labour as the party of builders rather than blockers when it comes to housing.